Thursday, March 5, 2015

Crisis, GDP zero growth in the quarter Istat: the lows of the last 15 years – TGCOM

– Zero growth for Italian GDP in the fourth quarter of 2014 compared to the previous quarter. The data released by ISTAT confirm such estimates on economic data spread in mid-February. It is, however, revised downwards the annual change, going from -0.3% to -0.5% (data adjusted for calendar effects).



 Crisis, GDP zero growth in the quarterIstat: the lows of the last 15 years

Fourth quarter 2014 to a minimum of 15 years – The 2014 is the third consecutive year in which the gross domestic product was down. Among other things, the level reached by the Italian GDP in the fourth quarter of 2014 is the lowest from the same quarter of 1999, or by 15 years.

Positive sign only in mid-2013 – In the review of the historical series on GDP Istat check but a plus sign in quarterly terms, a weak + 0.1% registered in the third quarter of 2013 and that signals a short break in the long recession that we are experiencing. A lift duration but very little. Soon after that quarter GDP fact back plate to be followed by several minus signs until the new stop the recession, confirmed by zero growth in the last quarter of 2014.

Expenditure families, along with a slow recovery – This figure is slightly positive household spending, which continues its slow climb. In the fourth quarter of 2014, it marks an increase of 0.1% from the previous quarter and 0.5% year on year. This is the sixth positive result in economic terms.

The house again: in 2014 to 1.8% – After seven years of decline, the real estate sales in 2014 with a return to positive growth of 1.8% over 2013, according to data of the Revenue. In the fourth quarter, the increase is 5.5%.

Crolla agriculture – Closes the year in deep red agriculture, which in the last quarter of 2014 loses in terms of value added 4.4% on the previous quarter and 6.9% year on year.

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