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Press release

Preliminary estimate of GDP

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In the second quarter of 2019 the seasonally and calendar adjusted, chained volume measure of Gross Domestic Product (GDP) was stable with respect to both the previous quarter and the same quarter of previous year.

The second quarter of 2019 has had one working day more with respect to both the previous quarter and the same quarter of previous year.

he quarter on quarter change is the result of a decrease of value added in agriculture, forestry and fishing as well as in industry and an increase in services. From the demand side, there is a null contribution by both the domestic component (gross of change in inventories) and the net export component.

The carry-over annual GDP growth for 2019 is also null.

Reference period: Second quarter 2019

Date of Issue: 31 July 2019

Next release: 31 October 2019

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