Italy Q3 preliminary GDP 0.0% vs +0.1% q/q expected

<ul><li>Prior -0.4%</li></ul><p>The Italian economy stagnated in Q3 and narrowly escapes a recession, as the reading above is weaker than estimated. There was no specific breakdown by Istat but they did note that while manufacturing expanded, a decline in agriculture and stagnation in services proved to be the drag for the economy in the last quarter.</p>

This article was written by Justin Low at www.forexlive.com.