Italy slightly revises up GDP growth in first and second quarters

United States News News

Italy slightly revises up GDP growth in first and second quarters
United States Latest News,United States Headlines
  • 📰 Reuters
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 97%

The Italian economy grew slightly more than previously reported in the first hal...

FILE PHOTO: People buy fruit and vegetables in a street market in Rome, Italy, August 11, 2016. REUTERS/Max Rossi/File Photo

ROME - The Italian economy grew slightly more than previously reported in the first half of this year, according to revised data published on Friday by national statistics bureau ISTAT. In the second quarter, gross domestic product rose by 0.1% from the previous three months and was up 0.1% year-on-year, ISTAT said, raising its previous estimate of 0.0% quarter-on-quarter and -0.1% year-on-year.

In the first quarter, the year-on-year GDP change was revised up to 0.0% from a previously reported -0.1%, while quarter-on-quarter data was unrevised at 0.1%. The revisions may make it easier for the government to meet or marginally exceed its full-year growth target of 0.1%.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Reuters /  🏆 2. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

First Barr, Now Pompeo: Italy Is Hub of Impeachment Intrigue for Trump OfficialsFirst Barr, Now Pompeo: Italy Is Hub of Impeachment Intrigue for Trump OfficialsROME -- The "ancestral homeland" in Italy&39;s Abruzzo region that Secretary of State Mike Pompeo said he was looking forward to visiting on Thursday barely had enough notice to organize a welcoming ceremony."It all happened so fast," said Guido Angelilli, the mayor of Pacentro,
Read more »

Italy says very worried by prospect of U.S. tariffs on its exportsItaly says very worried by prospect of U.S. tariffs on its exportsForeign Minister Luigi Di Maio said on Wednesday that Rome was worried by the pr...
Read more »

Netflix Tax Evasion Probe Launched in Italy (Report)Netflix Tax Evasion Probe Launched in Italy (Report)Netflix does not have a local office in Italy, but prosecutors argue the streaming giant should pay taxes in the country, because it uses the local digital infrastructure.
Read more »

Italy prosecutors open Netflix tax evasion investigation: sourceItaly prosecutors open Netflix tax evasion investigation: sourceItalian prosecutors have opened an investigation into alleged tax evasion target...
Read more »



Render Time: 2025-03-03 12:50:52