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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
ITALY DATA
MNI (London)
ITALY Q2 2022 FLASH GDP +1.0% Q/Q (FCST +0.3%); Q1 2022 +0.1% Q/Q
ITALY Q2 2022 FLASH GDP +4.6% Y/Y (FCST +3.7%); Q1 2022 +6.2% Y/Y
- The Italian economy advanced by 1.0% q/q in the flash Q2 estimate, another substantial beat of the +0.3% q/q forecast. Compared top Q2 2021, GDP expanded by 4.6%, 0.9pp stronger than anticipated. This is the sixth consecutive quarter of GDP growth.
- Whilst agriculture and exports accounted for downwards pressure, industry and services growth along with strong inventories generated the 1.0% q/q expansion.
- This follows the above-forecast robust GDP prints from both France and Spain this morning. Only German GDP flatlined in the round of Q2 flash estimates, although Q1 QQ reading was revised sharply higher.
Source: ISTAT
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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