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Italy's Economy Surprises with Q1 Growth
Published 3 weeks ago
Description
Italys economy surprised with a 0.2% Q1 growth, beating forecasts, driven by trade flows. However, the government has revised its growth outlook to 0.6% for this year and next due to energy costs and global tensions. Despite acquired growth of 0.5% expected by Q2 end, Middle East instability poses a threat, potentially leading to sub-one percent growth for the next six years.
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