(ANSA) - ROME, JAN 30 - In 2023 Italian GDP grew by 0.7% over
2022 after adjustments for calendar effects and seasonal
adjustments, ISTAT said on Tuesday.
There were two fewer working days in 2023 compared to the
previous year, ISTAT added.
The government indicated growth of 0.8% for last year in its
NADEF update to its DEF economic and financial blueprint,
presented in September.
However, Economy Minister Giancarlo Giorgetti later said the
economy could slow as result of the Israel-Hamas war in Gaza and
therefore that the forecast could be revised down.
ISTAT also said in the fourth quarter of 2023 Italian GDP
increased by 0.2% compared to the previous quarter and by 0.5%
over the same quarter of 2022 after adjustments for calendar
effects and seasonal adjustments, according to initial
estimates.
The fourth quarter of 2023 had three fewer working days than the
previous quarter and one fewer working day than the fourth
quarter of 2022.
Between the second and third quarters of 2023 GDP grew by 0.1%.
(ANSA).
Italian GDP +0.7% in 2023 - ISTAT
After adjustments for calendar effects, seasonal adjustments