Seeking Alpha

Italian economy returns to contraction

  • Italian's GDP shrank 0.1% on quarter in Q1 after expanding 0.1% in Q4 and missed consensus for growth of 0.2%.
  • On year, GDP -0.5% vs -0.9% and -0.1%.
  • The FTSE MIB is +0.4%.
  • The euro is -0.3% at $1.3669.(PR)
  • ETFs: EWI, ITLY, ITLT
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