21.8 C
Monday, June 21, 2021

Italy Q1 preliminary GDP -0.4% vs -0.5% q/q expected

Must read

Latest data released by Istat – 30 April 2021

  • Prior -1.9%; revised to -1.8%
  • GDP -1.4% vs -1.6% y/y expected
  • Prior -6.6%

A double-dip recession befalls Italy but the slump in Q1 was certainly less worse than feared, much like elsewhere across the region as economic activity showed more resilience to tighter restrictions during the opening months of the year.

Invest in yourself. See our forex education hub.

Source link

- Advertisement -spot_img

More articles


Please enter your comment!
Please enter your name here

- Advertisement -spot_img

Latest article