Italian exports dragged by food and beverage

Jul 01, 2013 1219

by Claudia Astarita

According to a report released in May by the Italian National Statistics Institute - Istat, while Italy's GDP fell 2.4 percent last year, exports increased 2.3 percent. The Institute, therefore, predicts a further growth of exports through 2014: sales abroad of Italian goods and services shall increase 9.7 percent in the two-year period. More specifically, exports of manufactured goods shall rise 10 percent, and exports of services shall advance 7.5 percent. Thanks to such a good exports performance, the Institute also forecasts that the economy will return to annual growth in 2014, with a 0.7 percent rise in GDP.

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Fonte: This is Italy

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