Italy Q4 preliminary GDP +0.0% vs +0.1% q/q expected

• Prior +0.0%
• GDP Y/Y +0.5% vs +0.6% y/y expected
• Prior +0.4%

The quarter on quarter change is the result of a decrease of value added
in both agriculture, forestry and fishing and in services, whereas the
contribution of industry is positive. From the demand side, there is a
negative contribution by the domestic component (gross of change in
inventories) and a positive one by the net export component.

This article was written by Giuseppe Dellamotta at www.forexlive.com.