00:35

Italy GDP rises 0.2 pct in Q2: ISTAT

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STORY: Italy GDP rises 0.2 pct in Q2: ISTAT
SHOOTING TIME: July 31, 2024
DATELINE: July 31, 2024
LENGTH: 00:00:35
LOCATION: Rome
CATEGORY: ECONOMY

SHOTLIST:
1. various of streets in Rome
2. various of a shopping mall in Rome

STORYLINE:

Italy's economy continued its trend of slow and steady growth in the second quarter of this year, government data released Tuesday showed, with the economy expanding by 0.2 percent compared to the previous quarter.

This follows 0.3 percent quarter-on-quarter gross domestic product (GDP) growth in the January-March period. The increase is 0.1 percent greater than in the final three months of last year and 0.3 percent more than in the third quarter of 2023.

This statistic marks Italy's fourth straight quarter of positive economic growth after a modest 0.1-percent contraction in the second quarter of last year.

As such, the Italian economy was 0.9 percent bigger than it was at the same point a year earlier, according to preliminary data from ISTAT, the national statistics bureau.

Xinhua News Agency correspondents reporting from Rome.
(XHTV)

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