Prior +0.3%GDP Y/Y +1.0% vs +0.7% y/y expectedPrior +0.8%
The quarter on quarter change of GDP was the result of an increase of value added in services and a decrease in agriculture, forestry and fishing and in industry. From the demand side, the GDP dynamic in the second quarter is the result of a negative contribution of net exports and a positive contribution of the domestic component (including of changes in inventories).
This article was written by Giuseppe Dellamotta at investinglive.com.