Italy’s record-long recession extended into a ninth straight quarter as the preliminary estimate of Q3 GDP (released after our survey deadline) reported a 0.1% (q-o-q) contraction, suggesting that the modest […]
Financial markets were reassured after Italian Prime Minister Enrico Letta won a parliamentary vote of confidence on October 2, securing the near-term future of his coalition government. However, recent downbeat […]
The Q2 national accounts (released on September 10) recorded a 0.3% (q-o-q) fall in GDP, down from the -0.6% figure reported in Q1 and stoking expectations of a return to […]
According to the preliminary estimate, GDP shrank by a less-than-anticipated 0.2% (q-o-q) in Q2, fuelling hopes that the current two-year recession may have reached a trough. However, a political crisis […]
There are no signs of an end to the longest Italian recession on record as rising unemployment continues to decimate consumer spending. The breakdown of the Q1 national accounts confirmed […]
