Latest data released by Istat - 31 July 2019
- Prior (Q1) +0.1%
- GDP 0.0% vs -0.1% y/y expected
- Prior (Q1) -0.1%
The only positive news is that the Italian economy appears to escape yet another contraction reading in Q2 (at first look) but it continues to reaffirm a stagnating economy that doesn't appear that it is going anywhere since the middle of last year; or if one wants to be more critical, growth just hasn't returned since the global financial crisis.
