Friday, December 17, 2010

Overall summary of Italy for the past few months.

There have been significant changes in Italy for the
past couple months. The Gross Domestic Product is
projected to grow by 1% instead of 1.2%.
In addition, the Unemployment Rate is 8.5% and
8.9% for year 2011. Consumer prices has also
risen by 1.5%. Italy is suffering from slow economic
growth and gross domestic product. This year was
expected to fall below than what was expected.
Italy is currently slow in progress compare to the
economic performance of other European countries.


Work Cited:
http://www.businessweek.com/news/2010-12-16/confindustria-revises-down-italy-2010-gdp-forecast-on-low-growth.html

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