Italy: Economic growth moderates in Q2
August 14, 2015
In the second quarter of this year, GDP grew 0.2% over the previous quarter in seasonally- and working-day adjusted terms, according to an advance estimate released by the National Statistics Office (ISTAT) on 14 August. The result came in slightly below the 0.3% growth tallied in Q1 and the 0.3% rise that the markets had expected. More detailed data will be released on 1 September.
In annual terms, GDP grew 0.5% in Q2, which was above the 0.1% rise observed in Q1 and marked the fastest expansion in four years.
Author: Eric Denis , Economist