Arab Today, arab today italian gdp increases 01
Last Updated : GMT 05:46:54
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Italian GDP increases 0.1%

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Arab Today, arab today Italian GDP increases 0.1%

Rome - QNA

The Italian GDP increased by 0.1% in the fourth quarter in 2013, statistical office Istat said Tuesday. It was the first time that the Italian GDP increases since the second quarter of 2011.The economy had contracted 0.1% in the third quarter of 2013, a down revision from the 0% recorded earlier. The economic recovery in Italy was reflected in other numbers; gross fixed capital formation increased by 0.9%, Imports also increased by 0.2%.Year-on-Year however, GDP decreased 0.9% during the three-month period, faster than the 0.8 percent contraction the government had estimated earlier.

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