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Italy

Growth drops to 0.6% Q2

From 0.9% in preliminary estimates


  • Oct 04 2024
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Growth drops to 0.6% Q2
Growth drops to 0.6% Q2

Italian growth dropped to 0.6% in the second quarter of the year from 0.9% in preliminary estimates issued last month, Istat said Friday.
    The stats agency said that in the second quarter of 2024, the GDP adjusted for calendar effects and seasonally adjusted increased by 0.2% compared to the previous quarter and by 0.6% compared to the second quarter of 2023.
    The data released at the beginning of September had instead indicated a quarterly growth of 0.2% and a year-on-year growth of 0.9%.
    The revision reflects the new annual estimates foreseen by the general revision of the national accounts of last September 23.
    The growth acquired in 2024 remains at 0.6%.
   

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