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

Prior +0.0%GDP Y/Y +0.5% vs +0.6% y/y expectedPrior +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.

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