Italy's economy expanded for the second straight quarter as initially estimated in the three months ending in December, while the unemployment rate fell to a historical low in January, separate reports from the statistical office ISTAT showed on Wednesday.
Gross domestic product advanced 0.3 percent sequentially, following a 0.2 percent increase in the third quarter, the latest data said. That was in line with the flash data published on January 30.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.