In the third quarter of 2021, GDP, adjusted for calendar effects and seasonally adjusted, increased by 2.6% compared to the previous quarter and by 3.8% in trend terms.
Istat communicates this on the basis of preliminary estimates.
"After a strong recovery in the second quarter, in the third quarter of the year the Italian economy still recorded very sustained growth", comments the Institute of Statistics, with an increase on an annual basis "also marked".
The trend increase follows "the exceptionally large recovery of the second quarter, derived from the comparison with the low point of the second quarter of 2020", also reminds Istat.
Finally, the Statistical Institute specifies that the third quarter of 2021 had three more working days than the previous quarter and the same number of working days compared to the third quarter of 2020.
The growth acquired for 2021, the one that would be obtained if in the fourth quarter of the year the Italian GDP recorded a zero cyclical change, is equal to 6.1%.
GDP growth in the third quarter of the year "benefited, for the second consecutive quarter, from a strong recovery in the market services sector, the most penalized by the crisis, and from industry growth".
Istat indicates this by disseminating the preliminary estimate.
The cyclical variation (+ 2.6%), explains the Institute of Statistics, is the synthesis of a decrease in added value in the agriculture, forestry and fishing sector and an increase in both industry and industry. services.
On the demand side, there is a positive contribution from both the domestic component (gross of inventories) and the net foreign component.
