Monday, June 10, 2013

10/6/2013: Italian GDP for Q1 2013

Italian GDP release for Q1 2013 in few tweets and a picture

So, 'fail' on preliminary reading, showing lead indicators being too optimistic. Expectations average was for -2.2% decline. And per components:

 Note the last one - growth crisis accelerating, not otherwise.

Note one positive contributor... the only one...

And quarterly changes on real GDP side:

So we know austerity has been savage. Really, savage...

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