Preliminary estimate of GDP - Q1 2025

In the first quarter of 2025the seasonally and calendar adjusted, chained volume measure of Gross Domestic Product (GDP) increased by 0.3 per cent with respect to the previous quarter and by 0.6 per cent over the same quarter of previous year.

The first quarter of 2025 has had one working day less with respect to the previous quarter and two working days less than the same quarter of previous year.

The quarter on quarter change is the result of an increase of value added in both agriculture, forestry and fishing and industry, whereas the contribution of services was null. 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 2025 is equal to +0.4%.