June CPI seen up 0.2% mth/mth, up 0.9% yr/yr (Il Sole 24 Ore Radiocor) - Rome , 14 Jun - Italy's gross domestic product in the second quarter of 2024 is expected to fall by 0.1% compared to the previous quarter and to rise by 0.7% year on year, according to a forecast from retailers' association Confcommercio.

"The latest economic information is not as good as we expected," Confcommercio said.

At the same time, Confcommercio says that Italian inflation is under control. It estimates that consumer prices will rise by 0.2% in June compared to the previous month and increase by 0.9% compared to the year earlier.

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(RADIOCOR) 14-06-24 12:29:45 (0271) 5 NNNN