84609
Italy Q1 Growth Slow
Italy Q1 Growth Slow

Italy Q1 Growth Slow

Italy Q1 Growth Slow

The Bank of Italy said on Friday economic growth and industrial output probably slowed during the first three months of the year compared to the end of 2017, Reuters reported. “During the first quarter of this year, the gross domestic product probably continued to expand, though at a slower rate than the previous period,” the central bank said in its latest economic bulletin. Italy’s economy, the eurozone’s third biggest, probably expanded 0.2% in the first quarter versus the previous period, compared with a 0.3% gain during the final quarter of last year, the bulletin said. Industrial production was virtually flat during the first three months of this year, the bulletin said, after expanding 0.9% versus the previous quarter at the end of last year. GDP increased 1.5% last year and the caretaker government of Prime Minister Paolo Gentiloni forecasts the same growth rate for 2018, leaving Italy in its customary position amongst the most sluggish economies in the eurozone. Italian industrial output was much weaker than expected in February, data showed on Tuesday, unexpectedly falling for the second month running.

 

Short URL : https://goo.gl/i2vsiz
  1. https://goo.gl/XzUexd
  • https://goo.gl/UbzpSj
  • https://goo.gl/wTXFe2
  • https://goo.gl/8ainZh
  • https://goo.gl/YHkk7d

You can also read ...

The S&P Mumbai Stock Index Sensex shed 73.88 points or 0.21% and closed at 35,548.26 while the Nifty50 index dropped by  17.85 points or 0.17% and settled at 10,799.85.
It is expected that the latest installment of concerns over...
Markets in Argentina, Brazil and Turkey took  the biggest hits from the fed rate hike.
Higher US rates are rattling many emerging markets in much the...
New Zealand Economy Facing Headwinds
New Zealand’s economic growth is expected to have slowed...
JPMorgan argues the record levels of debt in the US are a clear late-cycle indicator—and sees tough times ahead, at least in credit markets.
It seems like every time Joseph Harvey opens the Wall Street...
Copper Slips to 2-Week Low
Copper eased for a third session on Monday on fears trade...
Without users, it would simply be a worthless token.
Cryptocurrencies are not scalable and are more likely to...
Egyptian Lawmakers Decry Sisi Gov’t Economic Reforms
A group of Egyptian lawmakers on Sunday criticized recent...
Turkey Jobless Rate Falls to 10.1%
Turkey’s unemployment rate stood at 10.1% in March, falling 1....

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus