Italy GDP Q4 2015

Italy

Italy: Economic growth moderates in Q4

February 12, 2016

In the fourth quarter of this year, GDP grew 0.1% over the previous quarter in seasonally- and working-day adjusted terms, according to an advance estimate released by the National Statistics Office (ISTAT) on 12 February. The result came in slightly below the 0.2% growth tallied in Q3 and undershot the stronger 0.3% growth that markets had expected. It also marked the lowest reading in a year. More detailed data will be released on 4 March.

In annual terms, GDP grew 1.0% in Q4, which was above the 0.8% rise observed in Q3 and marked the fastest expansion since Q2 2011.

The Bank of Italy expects the economy to expand 1.5% in 2016. FocusEconomics Consensus Forecast panelists see the economy expanding 0.8% in 2016, which is unchanged from last month’s forecast. For 2017, panelists expect the economy to expand 1.2%.


Author:, Economist

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Italy GDP Q4 2015

Note: Quarter-on-quarter changes of seasonally-adjusted GDP and year-on-year variation in %.
Source: National Statistics Institute and FocusEconomics Consensus Forecast.


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