Confcommercio: the Italian economy worsens in July (-0.6%)

Sumary of Confcommercio: the Italian economy worsens in July (-0.6%):

  • Text size War, tensions on raw materials, inflation and monetary tightening translate into a gradual reduction in GDP in economic terms and in July a decline of 0.6% over June is estimated and zero growth in the annual comparison .
  • In June, despite the balances, the consumption indicator stops at + 0.7% on an annual basis.

Want to know more click here go to news source.