Italian GDP grew by 0.1% in the fourth quarter of 2015, in a progressive weakening – Il Sole 24 Ore

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This article was published on March 4, 2016 at 10:37 hours.
the last change is the March 4, 2016 at 11:48.

in the fourth quarter 2015 GDP (expressed in chained series with reference year 2010, corrected for calendar effects and seasonally adjusted) rose 0.1% on the previous quarter and 1% on year. “During the year, the economic growth showed a gradual weakening.” The estimate Istat confirmed that widespread on 12 February. The fourth quarter of 2015 had two working days less than the previous quarter and one more in the fourth quarter of 2014. In 2015 the GDP corrected for calendar effects rose by 0.6% (2015 had three working days more compared to 2014). The change gained for 2016 is 0.2%. This figure is not valid for the purpose of Maastricht spread on March 1 that accredits an increase of 0.8% last year.

On a cyclical basis, all of the main aggregates of domestic demand increased significantly, with a 0.3% increase for domestic final consumption and 0.8% for gross fixed capital formation. Imports and exports grew by 1% and 1.3%. Domestic demand excluding inventories contributed 0.4 percentage points to GDP growth, with contributions of 0.2 decimal points of consumption by households and private non-profit institutions and 0.1 decimal points of both the spending of Pa, both gross fixed investment.

The change in inventories contributed negatively to the change in GDP (-0.4 percentage points), while the contribution of net exports was positive at 0.1 points. There is a positive economic trend for the value added of industry and services (+ 0.1% for both), while agriculture’s value added decreased by 0.1%. In trend terms, the agricultural value added increased by 8.4%, that of industry by 1% and that of services by 0.5%.

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