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Italy Q3 preliminary GDP 0.0% vs +0.1% q/q expected

돈되는 정보

  • Prior -0.4%

The Italian economy stagnated in Q3 and narrowly escapes a recession, as the reading above is weaker than estimated. There was no specific breakdown by Istat but they did note that while manufacturing expanded, a decline in agriculture and stagnation in services proved to be the drag for the economy in the last quarter.

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