Italy's GDP jumps 1.4% YoY in Q4 2022: Istat

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)