Italy GDP down 12.8%Christian Fernsby ▼ | August 31, 2020
Italian GDP fell 12.8$ in the second quarter of the year compared to the previous quarter, ISTAT said Monday.
Second quarter Italy street
They were slightly worse than estimates issued on July 31. Back then, the quarter on quarter drop was 12.4% while the year on year one was 17.3%.
In August the national consumer price index, barring tobacco, showed an increase of 0.3% on a monthly basis and a fall of 0.5% on an annual basis, down from 0.4% the previous month. ■