Tag : Italy

Italy is back in technical recession

International Finance DeskAugust 6, 2014

by International Finance DeskAugust 6, 2014

Istat indicated that domestic demand was growth neutral, whilst net exports were a drag on growth August 6, 2014: Istat just released its flash GDP estimate, signaling that in 2Q14 the Italian economy fell back into technical recession. According to Istat, the Italian GDP contracted 0.2% QoQ (from -0.1% QoQ in 1Q14) and 0.3% YoY....

Economy

French trade deficit widens in May, growth crawls

International Finance DeskJuly 14, 2014

by International Finance DeskJuly 14, 2014

Central bank keeps sentiment indicator for manufacturing sector unchanged below long-term average, reports Team IFM Paris, July 14, 2014: The slowdown continues to chase France, with official data showing its trade deficit widening in May compared to the preceding month as imports rebounded, confirming findings of an independent survey that said the world’s fifth largest...