Investing.com -- The Italian economy experienced a growth of 0.3% in the first quarter compared to the previous three months, according to preliminary data released on Wednesday.
This growth rate was slightly stronger than what was expected by economists.
The gross domestic product (GDP) of Italy, which is the third largest economy in the euro zone, also rose by 0.6% on a year-on-year basis in the first quarter, as reported by the national statistics bureau ISTAT.
Prior to the release of these figures, a survey conducted among 28 economists predicted a quarter-on-quarter rise of 0.2% and a year-on-year increase of 0.4%.
The actual growth rates recorded by the Italian economy have exceeded these forecasts.
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