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Italy Final GDP Revised Up

MNI (London)
  • Final adjusted 4Q GDP -1.9% q/q (up from prel. data -2.0%)
  • Final adjusted 4Q GDP -6.6% y/y (confirming prel. data)
  • 3Q 2020 real SA WDA GDP +15.9% q/q (confirmed), -5.2% y/y (rev'd dn)
  • Net exports up +1.3% q/q, imports up +5.4% Q/Q
  • 4Q private consumption -2.7% Q/Q
  • 4Q government consumption +1.5% Q/Q
  • Final net domestic demand subtracted 1.3 pts from GDP
  • Inventory changes subtracted 1.0 point from GDP
MNI London Bureau | +44 203-865-3814 |

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