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Press release

Monthly report on Italian economy

The depreciation of the euro continues as oil price rises. In the first quarter of 2018 Italian economy recorded a slight deceleration, affected by the negative contribution of net foreign demand and investments.

Manufacturing sector was slowed down while services were more dynamic. Employment was grown up and productivity improved.

Inflation is increasing with but with a pace lower than that in the euro area.

The downturn in the leading indicator continues, suggesting a deceleration in economic activity for the coming months.

Reference period: May 2018

Date of Issue: 07 June 2018

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