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FINWIRES

Italian Quarterly GDP Up 0.2% in Q1, Flash Data Shows

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-- Italy's quarterly gross domestic product rose 0.2% in the first quarter, after a 0.3% gain in the prior three-month period, preliminary data from statistics agency Istat showed Thursday.

The consensus estimate for the quarter pointed to a 0.1% uptick.

On a yearly basis, the Italian economy grew 0.7%, against the expected 0.6% rise.

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