Italian growth inches up 0.1 percent in first quarter

ROME : The Italian economy grew by just 0.1 percent in the first quarter, the official data agency Istat said on Friday,

Published June 10, 2011 Updated June 10, 2011 08:26am

1 min

Comments

By Syed Murtaza Gheblehzadeh

Add BRecorder as a trusted
source on Google

Istat's second estimate for the growth rate lagged far behind Germany's 1.5 percent and France's 1.0 percent. Analysts polled by Dow Jones Newswires before the first estimate was published had expected a growth rate of 0.3 percent.

The Italian economy grew by 1.0 percent on a 12-month comparison, Istat added.

Read Comments