Istat says that it sees the Italian economy slowing in the coming months

Comments by Istat as it releases its monthly report

• Sees a new slowdown in the Italian economy

Not a very bright outlook from Italy's statistics office. That's not going to add any positive sentiment to the Eurozone economic outlook as we move into 2H 2018. With Q1 and likely Q2 exhibiting soft patches, it's making the ECB's normalisation task a tad bit tougher when economic growth continues to stutter.