• Prior +0.1%
  • GDP +4.6% vs +3.7% y/y expected
  • Prior +6.2%

Italy's economy grew faster than expected in Q2, with both industrial and services sectors contributing to growth while agricultural output declined during the quarter. That said, with political instability returning and the fallout from the Russia-Ukraine conflict worsening in the past few weeks, Q3 will not be as pretty surely.