Istat: Italy in the third quarter grew by 0.2% – Il Sole 24 Ore

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This article was published on November 13, 2015 at 10:17.
The last change is the November 13, 2015 at 10:56.

It slows the growth in GDP Italian: + 0.2% in the third quarter 2015 (+ 0.9% against the third quarter of 2014) after + 0.3% in the second and 0.4% in the first. The data, released today by ISTAT, is below analysts’ expectations and forecasts of the same National Statistics Institute, agree in a given expected 0.3 percent. The increase on an annual basis, that comes to almost 1%, is still the highest increase since the second quarter of 2011, ie for more than four years.

The acceleration decreases ” but the figure is still positive “
The slight braking recorded by the preliminary estimate of GDP, Istat said, reflects the decreased acceleration of growth,” but the figure is still positive. ” Account must be taken “that it is a preliminary estimate and that in two weeks we will have new information and more items.” The change acquired for 2015 is equal to 0.6 percent. The acquired growth is the annual growth would be achieved in the presence of a short-term change anything in the remaining quarters of the year: to centralize the government’s annual target of 0.9% last quarter, therefore, a need for acceleration. The third quarter of 2015 had four working days more in the previous quarter and a working day more than in the third quarter of 2014.

GDP Growth “braking” by foreign economy
The growth of the Italian GDP in the third quarter was helped by the internal market, as has been the “ballast” the economy border. “On the demand side – said the Institute of Statistics – there is a positive contribution to the national component (gross inventory) and a negative component of net exports.” In the same period, GDP increased by 0.4% in quarterly terms in the United States and 0.5% in the UK. In trend terms, there has been an increase of 2% in the US and of 2.3% in the UK.

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