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European Economic News

Italy Economic Growth Slows; Inflation Accelerates

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

Italy's economic growth moderated slightly in the first quarter, while inflation accelerated to the highest level in more than two-and-a-half years amid higher energy costs, separate reports from the statistical office ISTAT showed on Thursday.

Gross domestic product advanced 0.2 percent sequentially, slower than the 0.3 percent increase in the fourth quarter, the flash data said.

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