Italy: Economic growth moderates in Q3
November 13, 2015
In the third quarter of this year, GDP grew 0.2% over the previous quarter in seasonally- and working-day adjusted terms, according to an advance estimate released by the National Statistics Office (ISTAT) on 13 November. The result came in slightly below the 0.3% growth tallied in Q2 and matched market expectations. It also marked the lowest reading since Q4 2014. More detailed data will be released on 1 December.
In annual terms, GDP grew 0.9% in Q3, which was above the 0.6% rise observed in Q2 and marked the fastest expansion since Q2 2011.
Author: Eric Denis , Economist