Italy’s GDP slumps unprecedented 12.4% in Q2, but better than analysts had feared
ROME – Italy‘s economy shrank 12.4% in the second quarter from the previous three months, preliminary data showed on Friday, as activity nosedived during the coronavirus pandemic, but the fall was less severe than many analysts had predicted. The quarterly slump in gross domestic product (GDP) in the euro zone’s third largest economy was “unprecedented”, … Read more