ISTAT on Friday upped its annual
growth forecast for the Italian economy to 1.2% in the second
quarter.
This was higher than the 1.1% forecast on July 31.
Italy's gross domestic product grew 0.2% in the second
quarter of the year, ISTAT said Friday.
The statistics agency published the definitive data for the
April-June period.
In the first quarter GDP had risen 0.3%.
Italy's GDP is 5.8% lower than it was at the start of the
financial crisis in 2008, ISTAT said Friday.
The comparison is with the first quarter of 2008, when a
record high was recorded.
But despite a quarterly slowdown, ISTAT said, the Italian
economy's expansion has continued for 16 straight quarters.
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