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Italy's GDP to grow 0.7% in first quarter of 2014 - OECD

But growth will shrink back to 0.1% in second quarter

11 March, 12:15
Italy's GDP to grow 0.7% in first quarter of 2014 - OECD (see related stories) (ANSA) - Paris, March 11 - The Organisation for Economic Co-operation and Development (OECD) forecast in its latest interim economic assessment on Tuesday that Italy's gross domestic product will grow by 0.7% in the first quarter of this year.

The organisation said, however, that it expects the growth level to shrink back to 0.1% in the second quarter.

Italy emerged from its longest postwar recession in the second half of last year.

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