Preliminary estimate of Gdp - Q4 2022

In the fourth quarter of 2022 the seasonally and calendar adjusted, chained volume measure of Gross Domestic Product (Gdp) decreased by 0.1 percent with respect to the previous quarter and increased by 1.7 per cent over the same quarter of previous year.

The fourth quarter of 2022 has had three working days less with respect to the previous quarter and two less compared to the same quarter of previous year.

The quarter-on-quarter change is the result of a decrease of value added in both agriculture, forestry and fishing and industry, whereas services increased. From the demand side, there is a negative contribution by the domestic component (gross of change in inventories) and a positive one by the net export component.

The carry-over annual Gdp growth for 2023 is equal to +0.4%.