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Istat revises GDP this decline, + 15.9% in the third quarter

2020-12-01T18:58:40.505Z


Istat revises its growth estimates for the third quarter of 2020 downwards. (ANSA)(ANSA) - ROME, DEC 1 - Istat revises its growth estimates for the third quarter of 2020 downwards. Between July and September, the PIL, adjusted for calendar effects and seasonally adjusted, increased by 15.9% compared to the previous quarter against the + 16.1% indicated on 30 October last. Compared to the third quarter of 2019, the Italian economy contracted by 5% against the 4.7% trend recorded


(ANSA) - ROME, DEC 1 - Istat revises its growth estimates for the third quarter of 2020 downwards. Between July and September, the PIL, adjusted for calendar effects and seasonally adjusted, increased by 15.9% compared to the previous quarter against the + 16.1% indicated on 30 October last.

Compared to the third quarter of 2019, the Italian economy contracted by 5% against the 4.7% trend recorded in October.


   To be revised downwards is also the estimate of the so-called Pilacquicato, which would be obtained with a zero change in the fourth quarter.

From -8.2% calculated in October, Istat went down to -8.3%.

(HANDLE).


Source: ansa

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