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Q1 Italian GDP worse

Q1 Italian GDP worse

10/06/09 19:17 CET

economy

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Italy’s economy performed even more poorly than originally estimated during the first three months of the year.

The euro zone’s third biggest economy shrank by 2.6 percent from the previous quarter rather than the 2.4 percent initially reported. However, new figures showed Italy’s industrial output grew again in April after 11 consecutive monthly declines.More about: ,

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