Italy GDP Growth Beats Forecasts in Q3

The Italian economy advanced 0.5 percent on quarter in the third quarter of 2017, higher than a downwardly revised 0.3 percent rise in the previous period and beating market expectations of 0.4 percent. The expansion was driven by firm domestic demand and rising exports. On the production side, industry and services expanded, while agriculture contracted.
Joana Taborda | joana.taborda@tradingeconomics.com 11/14/2017 9:29:20 AM
Year-on-year, the economy advanced 1.8 percent, above 1.5 percent in the previous period and marking the fastest growth rate since the first quarter of 2011.

The government forecasts 2017 growth at 1.5 percent which would be the strongest rate since 2010.

Italy GDP Growth Beats Forecasts in Q3