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In the first quarter GDP -1.4% on an annual basis

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ROME (ITALPRESS) – In the first quarter of 2021, Istat estimates that the gross domestic product (GDP) decreased by 0.4% compared to the previous quarter and by 1.4% on an annual basis. The first quarter of 2021 had two working days less than the previous quarter and one working day less than in the first quarter of 2020. “The cyclical variation – explains the Institute of Statistics – is the synthesis of an increase in added value both in agriculture, forestry and fishing and in industry, while services as a whole recorded a decrease. On the demand side, there is a positive contribution from the national component (gross of stocks) and a negative contribution of the net foreign component. The change acquired for 2021 is equal to + 1.9% “. (ITALPRESS). sat / com 30-Apr-21 11:48

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