Italy Zero Growth Was No flukeMani
Close on the heels of a disappointing GDP report in Q2, Italy is set for a contraction in GDP this summer as well, as there seems to be a genuine slowdown in the Italian economy in the run-up to the referendum, reports Bank of America Merrill Lynch. Chiara Angeloni and Gilles Moec point out in their August 19 research piece titled “Zero growth was no fluke” that Italians have turned more optimistic since the end of 2012.
Italy’s soft and hard data divergence
The BAML analysts . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email email@example.com and we will get back to you as quick as humanly possible