Italy's 4Q GDP Contracted Slightly Less Than Previously Estimated
By Xavier Fontdegloria
The Italian economy's contraction in the fourth quarter of last
year was slightly less pronounced than previously estimated, data
from the country's statistics agency Istat showed Wednesday.
For the October-December period, gross domestic product fell
1.9% over the previous quarter, whereas the preliminary estimate
released on Feb. 2 had reported a 2.0% drop.
In year-on-year terms, GDP shrank 6.6% in the quarter, unchanged
from the preliminary estimate.
Write to Xavier Fontdegloria at email@example.com
(END) Dow Jones Newswires
March 03, 2021 06:43 ET (11:43 GMT)
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