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Italy confirms exit from technical recession, but GDP revised downward

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Christian Fernsby ▼ | June 1, 2019
Italy trade surplus
European economies   Compared to previous quarter, final consumption expenditure increased 0.2%

In the first quarter of 2019 the seasonally and calendar adjusted, chained volume measure of Gross Domestic Product (GDP) increased 0.1% to the previous quarter and decreased 0.1% in comparison with the first quarter of 2018.

Compared to previous quarter, final consumption expenditure increased 0.2%, gross fixed capital formation 0.6% and exports 0.2%. contrast imports fell 1.5%.

With respect to the first quarter of 2018, final consumption expenditure increased 0.2%, gross fixed capital formation 2.6%, imports 1.8%, and exports +3.5%.

The carry-over annual GDP growth for 2019 is null.


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