- Prior +0.1%
- GDP Y/Y +0.6% vs +0.4% y/y expected
- Prior +0.6%
The agency notes “The first quarter of 2025 has had one working day less with respect
to the previous quarter and two working days less than the same quarter
of previous year.
The quarter on quarter change is the result of an increase of value
added in both agriculture, forestry and fishing and industry, whereas
the contribution of services was null. From the demand side, there is a
positive contribution by the domestic component (gross of change in
inventories) and a negative one by the net export component.”
This article was written by Giuseppe Dellamotta at www.forexlive.com.