Italian Economy Stagnates in Q4


The Italian GDP recorded no growth in the last three months of 2014, following a 0.1 percent drop in the previous quarter. Although the preliminary estimate came better than market expectations, it marked the 14th consecutive quarter without any expansion.

Preliminary figures showed exports made a positive contribution to GDP, while inventories weighted down on growth. On the production side, agriculture and industry shrank while services rose. 

Year-on-year, the economy contracted for the thirteenth consecutive quarter by 0.3 percent, following a 0.4 percent drop in the previous period.

Considering full 2014, the GDP shrank 0.4 percent, after falling 1.9 percent in 2013. 

Italian Economy Stagnates in Q4


Joana Taborda | joana.taborda@tradingeconomics.com
2/13/2015 11:26:37 AM