Italy's GDP up 0.2% in Q2 says ISTAT

(ANSA) - ROME, SEP 2 - Italy's GDP grew by 0.2% in the second quarter of the year compared to the previous trimester and by 0.9% year-on-year, after adjustments for calendar effects, ISTAT said on Monday, confirming its preliminary estimates.
    The estimate released by the national statistics bureau on July 30 was also of a 0.2% growth in the second trimester compared to the first and a 0.9% growth from the second trimester in 2023.
    ISTAT said that, compared to the previous quarter, final consumption expenditure remained stable, gross fixed capital formation increased by 0.3%, while 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% and gross fixed capital formation increased by 4%.
    Imports decreased by 5.3%, and exports rose by 0.5%, the national statistics bureau added.
    The carry-over annual GDP growth for 2024 is equal to +0.6%, ISTAT said. (ANSA).