Preliminary estimate of GDP

In the first quarter of 2019 the seasonally and calendar adjusted, chained volume measure of Gross Domestic Product (GDP) increased by 0.2 per cent with respect to the previous quarter and by 0.1 per cent over the same quarter of previous year.

The first quarter of 2019 has had one working day less than the previous quarter and two less compared to the same quarter of previous year.

The quarter on quarter change is the result of an increase of value added in agriculture, in the industrial sector, and in services. From the demand side, there is a negative contribution of the domestic component (gross of change in inventories) and a positive one of net exports.

The carry-over annual GDP growth for 2019 is equal to 0.1%.