There we save it for a GDP – ilgiornaleditalia

There we save it for a GDP – ilgiornaleditalia

In the fourth quarter Italian GDP growth was zero. This was stated by ISTAT, which notes that between October and December, the gross domestic product was unchanged from the previous three months. On an annual basis, instead, according to initial estimates of the Institute of Statistics, GDP fell by 0.4% in 2014.

We are thus the third consecutive year of decline for the Italian GDP. The -0.4% calculated by ISTAT according to first estimates on the average of the quarters in fact follows the fall of 2.3% in 2012 and -1.9% in 2013. The latest estimates of the government for the last year showed a decline of 0.3%.

Overall, fewer than 14 quarters without growth for the Italian economy. According to Istat, GDP does not increase in our country since the second quarter of 2011. The change nothing of the last part of 2014 scores the arrest of the fall recorded in the two previous quarters (-0.2% between April and June and -0 , 1% between July and September). The two quarters of decline in GDP indicated for our country a technical recession.

It should be much better, however, in Germany, where the economy grew by 0.7% in the fourth quarter, resulting in 1.6% GDP growth in Germany in 2014. “L ‘ German economy has gained ground in the last part of the year – says the federal statistics office Destatis – After a good start and a subsequent weakening in the second and third quarter the economy has stabilized over the past three months. Analysts had expected growth of 0.3% in the fourth quarter and the preliminary estimate of Destatis for 2014 was up 1.5%.

The French economy, however, slows down in the fourth quarter, reaching +0 , 1%, compared with + 0.3% over the previous three months, as announced by the INSEE, the national statistics office, according to which the GDP in 2014 grew by 0.4%, as in 2013 and 2012. The Finance Minister, Michel Sapin, in a statement, recalled that the government in late summer had raised its estimates of GDP to 0.4% in 2014, against an initial 0.1%. “It ‘s still too weak – said the minister – but there are conditions for an improvement in 2015″. The French executive is expecting a growth of 1% of GDP for this year.

Worse however is Greece, where GDP in the fourth quarter of 2014 dropped by 0.2% over the quarter previous. The estimates were instead for an increase of 0.4%. On an annual basis the GDP grew by 1.7%, against 1.6% in the previous quarter.

In the fourth quarter Italian GDP growth was zero. This was stated by ISTAT, which notes that between October and December, the gross domestic product was unchanged from the previous three months. On an annual basis, instead, according to initial estimates of the Institute of Statistics, GDP fell by 0.4% in 2014.Siamo thus the third consecutive year of decline for the Italian GDP. The -0.4% calculated by ISTAT according to first estimates on the average of the quarters in fact follows the fall of 2.3% in 2012 and -1.9% in 2013. The latest estimates of the government for the last year showed a decline of 0.3%. Overall, fewer than 14 quarters without growth for the Italian economy. According to Istat, GDP does not increase in our coun try since the second quarter of 2011.

It should be much better, however, in Germany, where the economy grew by 0.7% in the fourth quarter, leading to +1.6 % GDP growth in Germany in 2014. The French economy, however, slow down in the fourth quarter, coming in at + 0.1%, against 0.3% the previous three months, as announced by the Insee, the ‘National Bureau of Statistics, according to which the GDP in 2014 grew by 0.4%, as in 2013 and 2012.

Worse is instead Greece, where GDP in the fourth quarter of 2014 fell 0.2% from the previous quarter. The estimates were instead for an increase of 0.4%. On an annual basis the GDP grew by 1.7%, against 1.6% in the previous quarter.