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Press release

Preliminary estimate of GDP - II quarter 2022

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In the second quarter of 2022 the seasonally and calendar adjusted, chained volume measure of Gross Domestic Product (Gdp) increased by 1 per cent with respect to the previous quarter and by 4.6 per cent over the same quarter of previous year.

The second quarter of 2022 has had one working day less with respect to both the previous quarter and the same quarter of previous year.

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

The carry-over annual GDP growth for 2022 is equal to 3.4%.

Reference period: Q2 2022

Date of Issue: 29 July 2022

Next release: 31 October 2022

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