ROMA (ITALPRESS) – In the fourth quarter of 2025 the gross domestic product, expressed in concatenate values with reference year 2020, corrected for the calendar and seasonal effects, has increased by 0.3% compared to the previous quarter and 0.8% compared to the fourth quarter of 2024. Istat announces this, underlining that the fourth quarter of 2025 had two working days in less than the previous quarter and the same number of working days compared to the fourth quarter of 2024. The variation acquired for 2026 is 0.3%. In economic terms, the growth of the two main aggregates of domestic demand, weaker for national final consumption (+0.1%) and more sustained for gross fixed investment (+0.9%). On the other hand, with reference to foreign demand, it is estimated a drop in exports of 1.2% and an increase in imports of 1.0%.
The national demand net of stocks has contributed for 0.3 percentage points to GDP growth: +0.1 points the final consumption of households, ISPs and public administrations (AP) and +0.2 points gross fixed investments. On the other hand, the contribution of net foreign demand to GDP variation was negative for 0.7 percentage points, while the change in stocks contributed positively to 0.7 percentage points. On the side of the offer, there are positive trends in value added in all the main production sectors: +0.2% in agriculture, +0.8% in industry and +0.1% in services.
“On the basis of the more information available on the fourth quarter of the year, the estimate of quarterly economic accounts confirms the conjunctural and tendential variations of the GDP released on the occasion of the preliminary estimate of the end of January, as well as the growth acquired for the 2026 (+0.3%) – comments the Statistical Institute -. On the side of the offer, the conjunctural increase of GDP is mainly attributable to the positive dynamics of the industrial sector (+0.8%), while agriculture and services record more contained increments (+0.2% and +0.1% respectively)”. “On the side of demand, there is a greater liveliness of gross fixed investment spending than final consumption. The contribution of net foreign demand is negative, resulting in a drop in exports and an increase in imports. With reference to the labour market – the Istat concludes – the working hours and the working units were stable, while the per-capita employee income grew by 0.5%.”.
– photo IPA Agency –
(ITALPRESS).
