ITALY DATA: 2Q final GDP rose 0.5% q/q and 1.3% y/y,.

ITALY DATA: 2Q final GDP rose 0.5% q/q and 1.3% y/y, following the gain
of 0.4% q/q in 1Q10. The data was revised up from preliminary figures
released on August 6.
–Final domestic demand contributed 0.3 point to q/q growth. Net exports
contributed 0.6 point, while capital investments contributed 0.2 point
Inventories subtracted 0.5 point. Private consumption was
unchanged, while governement consumption contributed 0.1 point.
–The 2Q result gives a growth platform of +0.9% for 2010, ISTAT said.
–See main wire for more details.