Istat says that it foresees pronounced slowdown in Italian economic activity

Author: Justin Low | Category: News

Istat comments in their monthly report on the Italian economy

Italy
  • Leading indicator experienced a sharp fall
  • That suggests worsening of Italian cyclical position in the coming months
  • Sees serious difficulties in maintaining economic levels
  • Recent data confirmed deceleration of world economy has spilled over into Q4 '18
  • Industrial sector experienced broad-based loss of momentum
  • That coincides with further slowing in global growth
ForexLive
A realistic summary of what is taking place in the Italian and Eurozone economies. If anything, this continues to suggest that the outlook for the domestic and regional economies aren't looking great to start the new year. The full report can be found here.

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