Italy's GDP to fall 1.9% in 2013, Bank of Italy says
Third quarter GDP contracts less than previous two quarters16 October, 17:38
The Italian central bank also said GDP contraction in the third quarter was far more contained than in the first two quarters, slipping just 0.3% in the July to September period. However, third quarter industrial activity in recession-ravaged Italy fell 1.0% - the same as the second quarter, the report said.
Italy is struggling to emerge from its longest recession in twenty years.