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Istat: first quarter exports -0,7% year on year

The national decline on an annual basis is mainly due to the collapse of exports from the Islands and the South, despite the growth in Central Italy - Compared to the previous quarter, the South is at its peak, only the North-West holds.

Istat: first quarter exports -0,7% year on year

According to Istat numbers, Italian exports fell by 0,7% on an annual basis in the first quarter of 2013, as a synthesis of the collapse of the islands (-9,7%) and of the South (-6,0%), of the decline of the North-East (-0,8%), of the positive result of the centre, up by 2,2%. Exports from the North-West are unchanged compared to the same period of the previous year.

On a cyclical basis, however, Istat recorded a 7,8% drop in exports from the South in the first quarter. Exports from the North-East and Central Italy also fell, losing 0,9%, while a slight growth was recorded in the North-West.

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