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The Italian statistical office Istat released its final gross domestic product (GDP) data for Italy on Tuesday. The Italian final GDP increased 0.2% in the third quarter, in line with the preliminary reading, after a 0.3% rise in the second quarter.
Final consumption expenditure climbed by 0.4% in the third quarter, gross fixed capital formation declined by 0.4%, imports rose by 0.5%, while exports fell by 0.8%.
On a yearly basis, Italian final GDP rose 0.8% in the third quarter, down from the preliminary reading of 0.9%, after a 0.6% increase in the second quarter.
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