by Davide Colombo

In the third quarter of 2016, the Italian economy grew 1.1% - two decimal points more than the government predicted in an official update at the end of September when 2016 GDP growth was capped at 0.8%. With the quarterly data issued by ISTAT yesterday, full year outlook also looks better, given that it's now at 0.9%, one decimal more than preliminary estimates on November 15.

The economic growth was confirmed at 0.3% and driven, on the resources front, by major value added of manufacturing (+1.1% for industry in the strict sense, becoming +1.8% in tendential terms) a figure that's in line with the latest shifts in industrial production.

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Fonte: Italy24