Italian economy returns to contraction

|By:, SA News Editor

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