FOREX TradingCharts.com

Financial News: Italy Q2 GDP Growth Confirmed At 2.7%

Italy Q2 GDP Growth Confirmed At 2.7%

08/31/2021 - 10:59:00 (RTTNews)

(RTTNews) - Italy's economy expanded for a second straight quarter and the pace of growth improved sharply, latest data from the statistical office ISTAT confirmed Tuesday.

Gross domestic product grew a seasonally and calendar adjusted 2.7 percent from the previous quarter after a 0.2 percent increase in the previous three months.

Compared to the same quarter last year, GDP rose 17.3 percent in the second quarter after a 0.7 percent fall in the first three months of the year. The latest growth was the first since the fourth quarter of 2019.

The initial estimates released on July 30 were thus confirmed.

Final consumption increased 3.4 percent from the first quarter and gross fixed capital formation grew 2.4 percent. Imports and exports rose 2.3 percent and 3.2 percent, respectively.

The carry-over annual GDP growth for 2021 is equal to 4.7 percent, ISTAT said.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


European Economics Preview: BoE, SNB Policy Announcements Due (53 min(s), 19 sec(s) ago)
(RTTNews) - Monetary policy announcements from the Bank of England and the Swiss National Bank are ...Full Story»

Brazil Central Bank Lifts Key Rate By 100 Bps; Signals Another Hike Next Month (53 min(s), 19 sec(s) ago)
(RTTNews) - Brazil's central bank raised its key interest rates by 100 basis points on Wednesd ...Full Story»

Australia Manufacturing PMI Jumps To 57.3 In September - Markit (11 min(s), 41 sec(s) ago)
(RTTNews) - The manufacturing sector in Australia continued to expand in September, and at a faste ...Full Story»

Australia PMI Data On Tap For Thursday (01 min(s), 41 sec(s) ago)
(RTTNews) - Australia will on Thursday release September PMI data from Markit Economics, highlight ...Full Story»

Fed Says Tapering Asset Purchases May Be Warranted 'Soon' (30 min(s), 41 sec(s) ago)
(RTTNews) - Citing progress towards it goals of maximum employment and price stability, the Federa ...Full Story»

Eurozone Consumer Confidence Improves In September (40 min(s), 41 sec(s) ago)
(RTTNews) - Euro area consumer confidence improved in September for the first time in three months ...Full Story»

U.S. Existing Home Sales Pull Back Slightly More Than Expected In August (50 min(s), 41 sec(s) ago)
(RTTNews) - The National Association of Realtors released a report on Wednesday showing a pullback ...Full Story»

Germany's Ifo Institute Lifts 2022 Growth Outlook (23 min(s), 41 sec(s) ago)
(RTTNews) - The German economy is projected to grow faster than previously estimated next year but ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Brazil Central Bank Lifts Key Rate By 100 Bps; Signals Another Hike Next Month

09/23/2021 - 00:05 AM (RTTNews)
(RTTNews) - Brazil's central bank raised its key interest rates by 100 basis points on Wednesd ...Full Story>>

European Economics Preview: BoE, SNB Policy Announcements Due

09/23/2021 - 00:05 AM (RTTNews)
(RTTNews) - Monetary policy announcements from the Bank of England and the Swiss National Bank are ...Full Story>>

Australia Manufacturing PMI Jumps To 57.3 In September - Markit

09/22/2021 - 19:10 PM (RTTNews)
(RTTNews) - The manufacturing sector in Australia continued to expand in September, and at a faste ...Full Story>>

Australia PMI Data On Tap For Thursday

09/22/2021 - 18:00 PM (RTTNews)
(RTTNews) - Australia will on Thursday release September PMI data from Markit Economics, highlight ...Full Story>>

Fed Says Tapering Asset Purchases May Be Warranted 'Soon'

09/22/2021 - 14:29 PM (RTTNews)
(RTTNews) - Citing progress towards it goals of maximum employment and price stability, the Federa ...Full Story>>

Do not sell my personal information

Copyright © 2021. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.