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Italy's GDP flat in third quarter - Istat

Carry-over growth for 2024 is 0.5% says statistics agency

Redazione Ansa

(ANSA) - ROME, DEC 2 - Italy's GDP was flat in the third quarter of 2024 with respect to the previous three months and up by 0.4% compared to the equivalent period in 2023, according to seasonally adjusted and calendar-adjusted figures released by Istat on Monday.
    "Compared to previous quarter, final consumption expenditure increased by 1% gross fixed capital formation decreased by 1.2%, imports increased by 1.2% and exports decreased by 0.9%," the national statistics agency said.
    "With respect to the third quarter of 2023, final consumption expenditure increased by 0.4%, gross fixed capital formation decreased by 1.1%, imports by 0.6%, and exports by 1%.
    "The carry-over annual GDP growth for 2024 is equal to +0.5%".
    (ANSA).
   

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