Italian Economy Reports No Growth in Q4


The Italian economy stagnated in the last three months of 2014, final figures showed, marking 5th consecutive quarter without any expansion.

Compared to the third quarter of 2014, household expenditure rose a meager 0.1 percent while construction investment shrank 0.6 percent. Exports increased 1.6 percent and imports edged up 0.3 percent. The economy contracted 0.1 percent in the third quarter and 0.2 percent in the second.  

Year-on-year, the GDP shrank 0.5 percent, worse than a 0.3 percent drop initially reported. Final consumption expenditure decreased by 0.3 percent, gross fixed capital formation fell 3.0 percent and imports dropped by 2.0 percent. Exports were the only important sector of the economy which reported 3.8 percent growth. 

Italian Economy Reports No Growth in Q4


Istat | Joana Taborda | joana.taborda@tradingeconomics.com
3/5/2015 2:47:59 PM