Italy's GDP up 0.5% in third quarter says ISTAT

ROME. KAZINFORM Italy's Gross Domestic Product (GDP) increased by 0.5% in the third quarter of 2022 with respect to the previous three months and by 2.6% in comparison with the same period in 2021, ISTAT said on Wednesday.

photo: QAZINFORM

The national statistics agency said the increase was driven by household spending and tourism, while industry was down, ANSA reports.

The carry-over annual GDP growth for 2022 is equal to 3.9%, ISTAT said.

The figures were in line with those the agency had given in preliminary estimates.


Photo:ansa.it