Italian Economic Growth Eases In Q2

Sep 10, 2007 - The Italian economic growth slowed to 1.8% annually in the second quarter, a revised report from the statistical office ISTAT showed Monday. The growth rate slowed from the 2.3% recorded in the first quarter. On a sequential basis, the GDP growth came in at 0.1% in the second quarter, smaller than the 0.3% registered in the prior quarter.

The growth numbers for the second quarter were left unrevised.

Imports climbed 2.6% annually, while exports were up 1.1%. Final consumption expenditure improved 1.7% and gross fixed capital formation increased 2.0%.