Italy's calendar-adjusted and seasonally adjusted GDP rose by 0.3% in the first quarter of this year compared to the previous three months, Istat said on Friday, confirming the figure it gave in its preliminary estimate last month.
    The national statistics agency said GDP was by 0.7% with respect to the equivalent period in 2024, having put year-on-year growth at 0.6% in its initial estimate.
    "Compared to the previous quarter, final consumption expenditure increased by 0.1%, gross fixed capital formation increased by 1.6%, imports and exports increased by 2.6% and 2.8% respectively," Istat said.
    "With respect to the first quarter of 2024, final consumption expenditure increased by 0.6%, gross fixed capital formation by 1.4%, imports by 4.3%, and exports by 0.8".
    The agency said Italy's carry-over annual GDP growth for 2025 is 0.5%, just below the estimate of 0.6% the government gave it its DFP economic blueprint.

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