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Italy's GDP up 0.5% in first quarter - ISTAT

Rise of 1.8% in year-on-year terms reports statistics agency

Redazione Ansa

(ANSA) - ROME, APR 28 - Italy's calendar-adjusted and seasonally adjusted gross domestic product (GDP) rose by 0.5% in the first quarter of 2023 with respect to the previous three months and by 1.8% compared to the same period last year, according to a preliminary estimate released by ISTAT on Friday.
    The carry-over annual GDP growth for 2023 is +0.8%, the national statistics agency said.
    Italy's GDP had decreased by 0.1% in the fourth quarter of 2022 compared to the third quarter. (ANSA).
   

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