Italy's GDP flat in Q4 2014, recession over

13 February, 11:07

    (ANSAmed) - ROME, FEBRUARY 13 - Italy's gross domestic product (GDP) was flat in the fourth quarter of 2014 with respect to the previous three months, marking the end of the country's recession, according to preliminary estimates released by Istat on Friday. Italy's GDP was 0.3% down in the fourth quarter compared to the same period in 2013, the statistics agency said. Istat added that Italy's GDP fell 0.4% in 2014 as a whole compared to 2013, according to preliminary data adjusted for the fact that there were two fewer working days last year.


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