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Istat, third quarter GDP +0.5%, the growth acquired for 2022 is equal to 3.9%

2022-11-30T09:40:27.100Z

Consumption and tourism pull, industry down (ANSA)  In the third quarter of 2022, the Italian economy grew by 0.5% compared to the previous three months and by 2.6% compared to the same period of 2021, with growth achieved for the whole of 2022 equal to 3.9%. This can be read in Istat's quarterly economic accounts, which confirm the estimates of a month ago. CONSUMPTION AND TOURISM ARE PULLING, INDUSTRY DOWN A growth of the Italian economy, in t



 In the third quarter of 2022, the Italian economy

grew by 0.5%

compared to the previous three months and by 2.6% compared to the same period of 2021, with growth achieved for the whole of 2022 equal to 3.9%.

This can be read in Istat's quarterly economic accounts, which confirm the estimates of a month ago.

CONSUMPTION AND TOURISM ARE PULLING, INDUSTRY DOWN

A growth of the Italian economy, in the third quarter, which hinged on internal demand, especially household consumption, and on the +0.9% of services, in particular tourism: trade, transport, accommodation and catering, against the - 0.6% of industry and -2% of construction by 2%.


    Consumption grew by 1.8%, more than double the +0.8% of gross fixed investments.

The net contribution of net foreign demand (export minus import, the latter inflated by high energy prices) is negative by 1.3 percentage points. 


Source: ansa

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