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- Italian GDP flat in Q3 vs +0.2% expected
Italian GDP flat in Q3 vs +0.2% expected
In the third quarter of 2018 the seasonally and calendar adjusted, chained volume estimate of Gross Domestic Product (GDP) was unchanged with respect to the previous quarter and increased by 0.8 per cent over the same quarter of previous year.
The third quarter of 2018 had two working days more than the previous quarter and the same number compared to the same quarter of previous year.
The quarter on quarter change is the result of an increase of value added in agriculture, forestry and fishing and in services and a decrease in industry. From the demand side, there is a null contribution by both the domestic component (gross of change in inventories) and the net export component.
The carry-over annual GDP growth for 2018 is equal to 1.0
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