Italy’s GDP in the first quarter of 2015 increased by 0.3% – RIA Novosti

ROME, May 13 – RIA Novosti, Natalia Shmakov. Italian economy emerged from recession in the first trimester of 2015, GDP grew by 0.3% compared with the last quarter of last year, according to the published Wednesday the National Institute of Statistics (Istat).

According to official statistics, it is the best indicator of GDP growth since 2011. As noted in this regard, Corriere della Sera, GDP growth exceeded the analysts’ expectations.

In this way, however, the forecast is confirmed that at the beginning of the year gave the Minister of Economy and Finance of Italy Pier Carlo Padoan. According to him, the country’s economy, which was in recession for three years, finally come out of it in 2015.

The European Commission in its spring report released in early May, has confirmed the forecast for GDP growth in the current Italy year and improved it to the next year. For example, in 2015 Italy’s GDP is expected to grow by 0.6% and in 2016 – by 1,4%.