Compared to the previous quarter, final consumption expenditure decreased by 1.1 per cent, gross fixed capital formation increased by 2 per cent, imports decreased by 1.7 per cent, and exports increased by 2.6 per cent, Istat said in a press release.
With respect to Q4 2021, final consumption expenditure increased by 1 per cent, gross fixed capital formation by 6.8 per cent, imports by 6.5 per cent, and exports by 9.9 per cent. The carry-over annual GDP growth for 2023 is equal to 0.4 per cent.
ALCHEMPro News Desk (NB)
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