Italy revises first quarter GDP growth up to 0.3 percent
Italy's first quarter GDP growth was revised up to 0.3 percent as strong exports offset a sharp reduction in inventories. The national statistics bureau ISTAT reported that net trade contributed significantly to the expansion, while full-year acquired growth reached 0.6 percent.
Xurve View
Xurve View
Italy revised its first-quarter GDP growth up to 0.3% on Friday following a surge in export activity. The figure exceeds the previous 0.2% estimate and marks a 0.8% increase compared to the previous year. The revision reflects strong export performance amid conflict in Iran, which began with US-Israeli strikes on February 28.
