Istat, GDP: -0.4% in 2014. Zero growth in the fourth quarter, level … – Il Sole 24 Ore

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This article was published on March 5, 2015 at 10:37.
The last change is the March 5, 2015 at 11:17.

Zero growth for Italian GDP in the fourth quarter of 2014 compared to the previous quarter. Istat confirms the estimates given on economic spread in mid-February, but revises downward variation on an annual basis, to -0.5% from -0.3% (data adjusted for calendar effects). The level reached by the Italian GDP in the fourth quarter of 2014 is the lowest in the same quarter of 1999, or 15 years. Confirmed the decline of 0.4% in 2014. The change gained in GDP for 2015 is equal to -0.1%. Household spending continues its “slow” lifts.

Istat confirmed: in 2014 down 0.4%
In 2014, GDP fell by 0, 4%. Detects Istat, confirming estimates outputs on 13 February. This is the correct data for calendar effects. The Institute points out that last year he had two working days less than in 2013. It is the third year that the gross domestic product was down (from 2012). Istat revised the GDP time series, an update in which ‘tick’ a weak plus sign, in quarterly terms, (+ 0.1%), recorded back in the third quarter of 2013. The long recession has therefore known a pause duration, however, very little. Followed, in fact, a GDP TV and other signs not up to the new stop the recession, confirmed today by a zero growth in the last quarter of 2014.

GDP standstill in the fourth quarter of 2014, the lowest level for 15 years
In the fourth quarter of 2014, GDP, adjusted for calendar effects and seasonally adjusted, in fact registered no change from the previous quarter and decreased by 0.5% compared to the fourth quarter of 2013. The level reached by the Italian GDP in the fourth quarter of 2014 is the lowest in the same quarter of 1999, or 15 years. M variation zero GDP in the fourth quarter of 2014 stops the fall. The data, in fact, was preceded by three consecutive declines. Then a stop to the recession, because the forecasts on the first three months of 2015 are positive, the same Istat estimated in recent days a + 0.1%. But on an annual basis will not end a string of hyphens, which has been going for thirteen quarters in a row, which is the four th of 2011. It should be noted that today Istat acquired a variation of the GDP for 2015 amounted to -0, 1%

continues slow recovery spending families
Istat also noted that household spending continues its “slow” lifts. In the fourth quarter of 2014 marks, in fact, an increase of 0.1% from the previous quarter and 0.5% year on year. It explains that it is the sixth positive result in economic terms.

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