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2025-10-30 17:13:27
[Italy's Economy Narrowly Avoids Recession, Growth Stagnates in Q3] ⑴ Preliminary data shows that Italy's economy grew by zero quarter-on-quarter in the third quarter, weaker than market expectations. ⑵ After a slight contraction of 0.1% in the second quarter, the country narrowly avoided a technical recession. ⑶ The Eurozone's third-largest economy grew by 0.4% year-on-year in the third quarter, lower than the market expectation of 0.6%. ⑷ The second-quarter year-on-year growth rate was revised upward from the initial 0.4% to 0.5%, but the quarter-on-quarter growth remained negative. ⑸ The statistics department confirmed the original data of 0.3% quarter-on-quarter growth and 0.7% year-on-year growth in the first quarter.
