First quarter growth 0.4%

| Sat, 05/24/2008 - 03:04

Italy's GDP increased by 0.4% in the first quarter of 2008 compared to the last quarter of 2007, Istat said in a preliminary estimate Friday.

Istat said the growth - 0.2% in year-on-year terms - was better than expected thanks to the agricultural, industrial and service sectors.

GDP fell 0.4% in the last quarter of 2007, it said.

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