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Italian economy in recession, and likely to continue during the year

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Italy's stats office said agriculture, forestry, fishing and industry had all contributed to the economic downturn, while a rise in net exports failed to offset those declines Italy's economy tipped into recession at the end of last year, according to latest figures. In the final three months of 2018, the economy shrank by 0.2%, following a 0.1% decline in the third quarter, the Istat statistics office said. Italian Prime Minister Giuseppe Conte said the contraction was likely to continue into 2019.

Italian economy in recession, and likely to continue during the year Italian economy in recession, and likely to continue during the year Reviewed by Shahid Karimi on February 03, 2019 Rating: 5

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