Rome

Istat confirms Italy's GDP fell 2.4% in 2012

Negative growth of 0.9% in fourth quarter

Istat confirms Italy's GDP fell 2.4% in 2012

Rome, March 11 - National statistics agency Istat on Monday confirmed that the preliminary gross domestic product (GDP) figures it released earlier this month were correct and that recession-hit Italy posted negative growth of 2.4% in 2012. Istat also confirmed that Italy's GDP fell 0.9% in the fourth quarter of last year with respect to the previous three months and 2.8% in comparison with the same period in 2011.

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