Italy’s economic growth slowed as initially estimated in the three months ended December, latest figures from the statistical office Istat showed Friday.
Gross domestic product rose 0.1 percent quarter-on-quarter in the fourth quarter, confirming the flash data, slower than the 0.2 percent hike in the previous quarter.
In the December quarter, domestic final consumption increased 0.3 percent over the quarter and gross fixed capital formation grew by 0.8 percent. Both exports and imports climbed by 1.3 percent and 1.0 percent, respectively.
On annual basis, GDP growth accelerated to 1.0 percent in the fourth quarter from 0.8 percent in the previous three-month period. It was also matched with the preliminary report published on 12 February.
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