Italian economy dips into recession

Italian statistics agency Istat said gross domestic product in the euro zone's third-largest economy shrank for the second quarter in a row, putting Italy into a recession.

Source: Reuters

The Italian economy dipped into a recession in the second quarter of the year, contracting 0.1 percent on a quarterly basis as expected, preliminary data showed.

National statistics agency Istat said gross domestic product in the euro zone's third-largest economy shrank for the second quarter in a row, puttin

To continue reading...