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...
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...