Italy's gross domestic product
increased by 0.2% in the fourth quarter of 2016 with respect to
the previous three months and by 1% compared to the same period
in 2015, according to seasonally adjusted data released by ISTAT
on Friday.
The preliminary estimates the national statistics agency gave
last month also put the quarter-on-growth at 0.2% but had the
year-on-year figure up 1.1%.
ISTAT said that Italy's GDP in 2016 was still 7% lower than
at the start of the economic crisis in 2008 despite two years of
recovery.
It said that the Italian economy did not get back above the
2000 GDP level until 2016.
It said Italy was behind its European partners in growth
terms, with Spain's recovery to pre-crisis levels "almost
complete" and Germany and France 8% and 4% above them
respectively.
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