Preliminary estimate of gdp - Q3 2022

In the third quarter of 2022 the seasonally and calendar adjusted, chained volume measure of Gross Domestic Product (GDP) increased by 0.5 per cent with respect to the previous quarter and by 2.6 per cent over the same quarter of previous year.

The third quarter of 2022 has had three days more with respect to the previous quarter and one less compared to the same quarter of previous year.

The quarter on quarter change is the result of a decrease of value added in both agriculture, forestry and fishing and industry, whereas the service activities recorded an increase. 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 3.9%.