Prior +0.3%GDP Y/Y +0.4% vs +0.6% y/y expectedPrior +0.7%
The agency notes that the quarter on quarter change is the result of a decrease of value added
in both agriculture, forestry and fishing and in industry, whereas the
contribution of services was null. From the demand side, there is a
positive contribution by the domestic component (gross of change in
inventories) and a negative contribution by the net export component.
This article was written by Giuseppe Dellamotta at investinglive.com.