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.
