Italian National Institute of Statistics announced the Italy's GDP Year-on-Year Preliminary Value for the First Quarter on 2025-04-30. The reported figure stands at 0.6%, against a forecast of 0.4%, with the prior figure recorded as 0.60%.
Regarding the Italy's GDP Year-on-Year Preliminary Value for the First Quarter, Gross Domestic Product determines Italy's ability to provide social welfare, progress, and development levels, making it a primary index. It can be considered as the total output of Italian goods and services, disregarding intermediate consumption, but taking into account the net taxes on products (as they constitute the final price paid by the buyer); this amount is the sum of the values added to the basic prices of the various branches of economic activity, plus the total amount of product taxes, including value-added tax, manufacturing tax, and import tax, excluding product taxes (such as agricultural tax, municipal transport companies, etc.).
This data holds an importance level of , calculated using The GDP annual rate measures the total market price value of all final goods and services produced for consumption in Italy over a specified period, showing the ratio of the specified month to the same period last year, and updates monthly.
This content is AI-generated.Please verify before use.
Disclaimer: The content related to future events does not represent Gate.io’s position, nor does it constitute any investment advice, nor is it an endorsement of any third parties.