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Italy Q1 final GDP +0.6% vs +0.5% q/q prelim

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  • GDP +1.9% vs +1.8% y/y prelim

That’s a slight revision higher to Italy’s growth in Q1 after a 0.1% contraction seen in Q4 last year. Looking at the breakdown, consumer spending rose by 0.3%, government spending by 0.2% and investments by 0.2%. That was offset by inventories and exports, which dipped by 0.1% on the quarter.

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