Italy's GDP up 0.1 in 1st quarter, better than expected

ISTAT had estimated negative growth of 0.4%

(ANSA) - ROME, JUN 1 - Italy's GDP rose by 0.1% in the first quarter of 2021 with respect to the previous three months, ISTAT said on Tuesday.
    The figure is much better than expected as the national statistics agency had estimated a fall of 0.4% in quarter-on-quarter terms in April.
    ISTAT said Italy's GDP was down 0.8% in comparison with the first quarter of 2020.
    It said the carry-over annual GDP growth for 2021 is equal to 2.6%. (ANSA).


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