GDP: Istat, -8.8% in 2020, -2% in the fourth quarter

(ANSA) - ROME, 02 FEB - In 2020, the Italian GDP fell by 8.8% (raw data) while in the fourth quarter of 2020 it fell by 2% compared to the previous quarter and by 6.6% compared to the fourth quarter of 2019. This was announced by Istat on the basis of provisional estimates. The figure is slightly better than expectations which indicated a decline of 9%. For the period October-December, the consensus of the analysts indicated a decline between 2% and 2.2%. In seasonally adjusted terms, in 2020 the Italian GDP fell by 8.9%. The GDP acquired for 2021, what would be obtained if the variation of all 4 quarters of the year were zero, is positive, equal to + 2.3% (HANDLE).