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The Italian statistical office Istat released its final gross domestic product (GDP) data for Italy on Friday. The Italian final GDP increased 0.1% in the fourth quarter, in line with the preliminary reading, after a 0.2% rise in the third quarter.
Final consumption expenditure climbed by 0.3% in the fourth quarter, gross fixed capital formation rose by 0.8%, imports increased by 1.0%, while exports were up 1.3%.
On a yearly basis, Italian final GDP rose 1.0% in the fourth quarter, in line with the preliminary reading, after a 0.8% increase in the third quarter.
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