SITUATION REPORT

Italy: Negative Growth Plunges Economy Into Recession

Jan 31, 2019 | 14:34 GMT

Italy has officially gone into recession after its gross domestic product contracted by 0.2 percent in the last quarter of 2018 following a decrease of 0.1 percent in the third quarter, according to official preliminary data from the Italian national institute of statistics, La Repubblica reported Jan. 31....

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