Latest data released by Eurostat - 30 April 2019
- Prior (Q4) -0.1%
- Preliminary GDP +0.1% vs -0.1% y/y expected
- Prior 0.0%
Welp, Italy's economy emerges from the recession at the end of last year as quarterly growth is seen at 0.2% in the first quarter of this year. Istat notes that the economy is showing 'moderate signs' of a recovery.
That will keep the upbeat tone in the euro going as some fears about Italy are eased for the time being.