Mercoledì, 17 Ottobre 2018

Italian GDP falls 2.4% in Q1 2013 compared to Q1 2012


Rome, June 10 - Italy's gross domestic product
(GDP) shrank 2.4% in the first quarter of 2013 compared to the
same period last year, while the GDP fell 0.6% compared to the
last quarter of 2012, Italian statistics agency Istat announced
on Monday.
Istat thus shaved 0.1% from its previous estimate on May
15, when it calculated that Italy's GDP in the first quarter
contracted 2.3% on an annual basis and 0.5% quarter-to-quarter.
The agency said the new estimate translates into an
economic contraction of 1.6% for the year compared to 2012 - if
there is no further economic variation in the remaining quarters
of the year.

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