Italy's GDP rose 0.7% in 2023 - revised-down Istat data

(ANSA) - ROME, SEP 23 - Istat said Monday that Italy's GDP grew by 0.7% in 2023 in volume terms, 0. 2 of a percentage point lower than the figure it gave in its preliminary estimate in March.
    The national statistics agency also revised the figures for 2022 and 2021 to 4.7% and 8.9%, up by 0.7 and 0.6 of a percentage point respectively.
    Istat said the deficit-to-GDP ratio for 2023 was 7.2% compared to its April estimate of 7.4%.
    The debt-to-GDP ratio was given as 134.6%, down significantly from the figure of 137.3% Istat gave in April, which also featured in the government's DEF economic blueprint. (ANSA).