Italy slightly revises up GDP growth in first and second quarters
Reuters
Published Oct 04, 2019 05:23AM ET
Italy slightly revises up GDP growth in first and second quarters
ROME (Reuters) - The Italian economy grew slightly more than previously reported in the first half of this year, according to revised data published on Friday by national statistics bureau ISTAT.
In the second quarter, gross domestic product rose by 0.1% from the previous three months and was up 0.1% year-on-year, ISTAT said, raising its previous estimate of 0.0% quarter-on-quarter and -0.1% year-on-year.
In the first quarter, the year-on-year GDP change was revised up to 0.0% from a previously reported -0.1%, while quarter-on-quarter data was unrevised at 0.1%.
The revisions may make it easier for the government to meet or marginally exceed its full-year growth target of 0.1%.
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Written By: Reuters
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