Also in the third period of the year, from July to September, the Italian economy continued to lose speed. This is confirmed by Istat, which after having released the negative data on unemployment and inflation has found that the trend of the Gross Domestic Product (GDP), therefore, should remain in negative territory.
“The leading composite indicator, updated in July and constructed starting from a set of variables (qualitative and quantitative) selected on the basis of the ability to anticipate the phases of the economic cycle, is slowing down, suggesting a new decline in GDP in the third quarter of the year“, says the Institute of Statistics which today released other negative data regarding the deflation , youth unemployment.
