The data on the gross domestic product (GDP) in Italy is released quarterly (about 45 days after the end of the reference period) by ISTAT in two versions: preliminary and final. The first data, preliminary, tends to have a greater impact and for this reason the final data is often excluded from international discussions and market analyses.
The gross domestic product indicates the measure (adjusted for inflation) of the value of goods and services produced by the economy and, in other words, it is the tool for measuring the economic activity and growth of a country. For these reasons, a value higher than analysts’ expectations tends to have bullish effects on the Euro.
