National statistics agency ISTAT
on Wednesday forecast that the Italian economy will continue to
be weak in the coming months.
"In Italy, after fourteen consecutive expansions, in the
third quarter GDP remained unchanged over the previous quarter,"
ISTAT said.
"This result was determined by both domestic demand and net
exports null contributions.
"In the same period, despite a marginal deterioration in
September, the employment rose and the unemployment rate
decreased.
"In October, inflation showed an upward trend reducing the
gap with the Euro area.
"In the same month, the leading indicator decreased further,
suggesting that the economic activity will continue to weaken in
the coming months".
ALL RIGHTS RESERVED © Copyright ANSA
