Monthly report on Italian economy no

US economy is strengthening, while the euro area is suffering an economic downturn.

In the second quarter economic growth in Italy slowed down as result of a negative contribution of net foreign demand.

Employment slowed down in June, but annual growth remained positive. Inflation showed an upward trend reducing the gap with respect to Euro area.

The leading indicator is decreasing further, suggesting a deceleration of the economic activity for the coming months.