Italy Q2 GDP confirmed at up 0.2% qtr/qtr, up 0.9% yr/yr
Final consumption expenditure stable qtr/qtr (Il Sole 24 Ore Radiocor) - Rome , 02 Sep - In the second quarter of 2024, seasonally and calendar adjusted gross domestic product (GDP) in Italy rose by 0.2% compared to the previous quarter and was up 0.9% year on year, according to data from statistics institute Istat.
The figures were in line with preliminary indications.
Compared to the previous quarter, final consumption expenditure remained stable and gross fixed capital formation increased by 0.3% with imports and exports decreased by 0.6% and 1.5% respectively.
With respect to the second quarter of 2023, final consumption expenditure decreased by 0.1%, gross fixed capital formation increased by 4%, imports decreased by 5.3%, and exports increased by 0.5%.
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(RADIOCOR) 02-09-24 10:22:52 (0191) 5 NNNN