Italy Q1 preliminary GDP +0.2% vs +0.1% q/q expected

• Prior +0.3%

It’s a modest reading with the yearly estimate showing a 0.7% increase in GDP compared to the first quarter of last year. But with the energy price surge set to have a more profound impact from April onwards, that will be where the real trouble starts for Italy and for the euro area economy.

This article was written by Justin Low at investinglive.com.