Italy registers zero growth in Q3 – ISTAT – English

(ANSA) – ROME, OCT 31 – Italy registered zero growth in the
third quarter of 2023, ISTAT said on Tuesday.

   
The national statistics institute estimates that GDP in
chain-linked values with reference year 2015 adjusted for
seasonal and calendar effects remained stationary in the period
July-September compared to both the previous quarter and the
third quarter of 2022.

   
“The Italian economy remained stable in the third quarter of
2023 following a decline in the second quarter of the year,”
said Istat.

   
“The year-on-year dynamic was also stable, interrupting a growth
trend that had lasted for ten consecutive quarters,” it added.

   
Acquired GDP growth therefore stood at 0.7% as in the second
quarter, ISTAT said. (ANSA).