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MercoPress, en Español

Montevideo, December 22nd 2024 - 03:35 UTC

Tag: Claus Vistesen

  • Friday, February 1st 2019 - 11:15 UTC

    Italian economy in recession, and likely to continue during the year

    Italy's stats office said agriculture, forestry, fishing and industry had all contributed to the economic downturn, while a rise in net exports failed to offset those declines

    Italy's economy tipped into recession at the end of last year, according to latest figures. In the final three months of 2018, the economy shrank by 0.2%, following a 0.1% decline in the third quarter, the Istat statistics office said. Italian Prime Minister Giuseppe Conte said the contraction was likely to continue into 2019.