Italian economy begins recovery with 0.1 percent growth


(MENAFN- AFP) Italy's economy began a recovery in the fourth quarter of 2013 with 0.1-percent growth -- the first positive result following a two-year recession, official data from the Istat agency showed on Friday.The preliminary data also showed that gross domestic product (GDP) contracted by 1.9 percent in 2013.The economy showed zero growth in the third quarter, meaning the recession formally ended then.


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.