GDP growth of Italy was 0.2% in the second quarter, GDP of Spain was 0.6%

GDP of Italy grew in the second quarter of this year by 0.2% compared to the first quarter, when the rise was 0.3%, according to the statistical agency Istat. Thus, the economic growth in Italy has slowed, but coincided with the forecasts of analysts. In annual terms, economy of Italy increased by 1.1%, while economists had predicted growth of 1.3%. GDP of Spain grew in the past quarter by 0.6% compared to the previous quarter and by 2.7% compared with the same period last year. The indicators have become the lowest since 2014. Analysts had expected growth of the first indicator by 0.7%, of the second one - by 2.8%.

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