Italy's economy expanded for the second straight quarter in the three months ending in March, and at a faster-than-expected pace, preliminary data from the statistical office ISTAT showed on Wednesday.
Gross domestic product rose 0.3 percent sequentially in the first quarter, following a 0.2 percent rise in the second quarter. Meanwhile, economists had expected the growth to remain stable at 0.2 percent.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.