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GDP: Istat improves second quarter estimates from +4.7 to + 5%

2022-10-05T10:14:06.732Z


Istat improves the trend estimates of GDP. In the third estimate, released 90 days after the reference quarter, the Institute has revised the trend data for the second quarter of 2022 in the best possible way, going from + 4.7% to + 5%. (HANDLE)


ANSA Lavoro - ROME, OCTOBER 05 - Istat improves GDP estimates.

In the third estimate, released 90 days after the reference quarter, the Institute revised the trend data for the second quarter of 2022 in the best possible way, going from + 4.7% to + 5%.

In the second quarter of 2022, GDP, expressed in chain-linked values ​​with the reference year 2015, corrected for calendar effects and seasonally adjusted, increased by 1.1% compared to the previous quarter and by 5% compared to the second quarter of 2021. The previous estimate of the cyclical growth was 1.1% while the trend growth was 4.7%.

"The change acquired for 2022 is equal to + 3.6%. That relating to the quarterly accounts released on September 1 was + 3.5%.", Affirms the

Recalling that the second quarter of 2022 had one less working day than the previous quarter and one less working day than the second quarter of 2021.

(HANDLE).


Source: ansa

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