Friday, September 21, 2018
 

Monthly GDP: March 2018

<br/>

GDP growth stabilizes at 0,3% q/q as industrial production rebounds in March

<br/>

According to the first official GDP flash estimate t+30 provided by Istat, real GDP growth stabilized at 0.3% q/q in 1Q2018, supported by domestic demand, while net export brought a negative contribution. Industrial production rebounded by 1.2% m/m in March, ending a two-month contraction cycle. The expansion was broad-based and mainly driven by manufacturing sector with the positive contribution of all components: consumption goods (+2.5%), intermediate goods (0.7%), instrumental godds (0.8%) and energy (1.3%). Despite the softness of the latest business surveys, economic activity is expected to stabilize in the following months.
Consistent with this scenario, the revised estimate for real monthly GDP points to a solid growth of 0.17% m/m in March (+1.22% yoy).

Data and comment

Previous releases
Methodological note

 

Tags: , ,

Comments

No comments so far.
 
About us

Why was born webmagazine of Economics Tor Vergata University Foundation Ceis..

more »
Help & Support

Problems with the website?
Contact the webmaster. .

webmaster@poeco.uniroma2.it
Contacts

Via Columbia, 2
00133 Roma
Tel.: 06 72595570/5533
Fax: 06 72595569
segreteria.fondazione
luigi.paganetto