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Press release

Preliminary estimate of GDP - Q2 2023

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In the second quarter of 2023 the seasonally and calendar adjusted, chained volume measure of Gross Domestic Product (Gdp) decreased by 0.3 per cent with respect to the previous quarter and increased by 0.6 per cent over the same quarter of previous year.

The second quarter of 2023 has had three working days less than the previous quarter and one less than the second quarter of 2022.

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

The carry-over annual Gdp growth for 2023 is equal to 0.8%.

Reference period: Q2 2023

Date of Issue: 31 July 2023

Next release: 31 October 2023



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