{"id":111670,"date":"2025-11-28T10:00:47","date_gmt":"2025-11-28T09:00:47","guid":{"rendered":"https:\/\/www.istat.it\/?p=111670"},"modified":"2025-11-28T10:00:59","modified_gmt":"2025-11-28T09:00:59","slug":"quarterly-national-accounts-q3-2025","status":"publish","type":"post","link":"https:\/\/www.istat.it\/en\/press-release\/quarterly-national-accounts-q3-2025\/","title":{"rendered":"Quarterly national accounts &#8211; Q3 2025"},"content":{"rendered":"\n<p>In the third quarter of 2025, the gross domestic product (GDP), expressed in chain-linked values with reference year 2020, adjusted for calendar effects and seasonally adjusted, increased by 0.1% compared to the previous quarter and by 0.6% compared to the third quarter of 2024.<\/p>\n\n\n\n<p>The GDP growth released on October 30, 2025, was flat on a quarterly basis, while the year-over-year growth was 0.4%. The third quarter of 2025 had four additional working days compared to the previous quarter and the same number of working days as the third quarter of 2024.<\/p>\n\n\n\n<p>The carry-over annual GDP growth for 2025 is equal to 0.5%, unchanged since October 30. Compared to the previous quarter, all main components of domestic demand are showing growth, with a 0.1% increase in national final consumption and a 0.6% rise in gross fixed capital formation. Imports and exports increased by 1.2% and 2.6%, respectively.<\/p>\n\n\n\n<p>Domestic demand net of inventories and valuables contributed 0.2 percentage points to GDP growth in the third quarter: +0.1 from Household and Non Profit Institutions serving Households (NPISH) consumption, and +0.1 from gross fixed investments, while the contribution from public administration (PA) spending was zero. The contribution from net foreign demand was also positive (+0.5 percentage points), while the change in inventories and valuables had a negative impact (-0.6 percentage points).<\/p>\n\n\n\n<p>Positive quarterly quarter on quarter growth rates were recorded for the added value of agriculture (+0.8%) and services (+0.2%), while industry showed a negative trend (-0.3%).<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In Q3 2025 GDP increased by 0.1% compared to Q2 and by 0.6% y-o-y<\/p>\n","protected":false},"author":23,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4082],"tags":[3192,3186,3387,3225,3228,3250,3263,3552,2968,3415],"regione":[],"tema":[4065],"class_list":["post-111670","post","type-post","status-publish","format-standard","hentry","category-press-release","tag-accounts","tag-consumptions","tag-expenditure","tag-exports","tag-gdp","tag-imports","tag-investments","tag-quarterly-accounts","tag-flash","tag-value-added","tema-national-accounts"],"meta_fields":{"data_pubblicazione":"","descrizioneperiodo":"","titolobreve":"","news":"","news_rss":"","sottotitolo":""},"acf":[],"wpml_current_locale":"en_US","wpml_translations":[],"tags-info":[{"id":3192,"label":"accounts","slug":"accounts"},{"id":3186,"label":"consumptions","slug":"consumptions"},{"id":3387,"label":"expenditure","slug":"expenditure"},{"id":3225,"label":"exports","slug":"exports"},{"id":3228,"label":"GDP","slug":"gdp"},{"id":3250,"label":"imports","slug":"imports"},{"id":3263,"label":"investments","slug":"investments"},{"id":3552,"label":"quarterly accounts","slug":"quarterly-accounts"},{"id":2968,"label":"statistics flash","slug":"flash"},{"id":3415,"label":"value added","slug":"value-added"}],"categories-info":[{"id":4082,"label":"Press release","slug":"press-release"}],"_links":{"self":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/posts\/111670","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/comments?post=111670"}],"version-history":[{"count":1,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/posts\/111670\/revisions"}],"predecessor-version":[{"id":111679,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/posts\/111670\/revisions\/111679"}],"wp:attachment":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/media?parent=111670"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/categories?post=111670"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/tags?post=111670"},{"taxonomy":"regione","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/regione?post=111670"},{"taxonomy":"tema","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/tema?post=111670"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}