Italy GDP to contract 0. 4 percent, says employers' group

(AGI) Rome, Sept 16 - Italy is not out of recession withrecovery only due in 2015, said the Confindustria (employers'organisation) Study Centre in its "economic scenario" forSeptember. GDP will fall by 0.4 percent this year and grow 0.5percent in 2015. This figure is down on the Centre's forecastin June of growth of 0.2 percent in 2014 and 1 percent in 2015.The recovery will be bolstered by several factors: "anacceleration of international trade, the positive impact ofExpo 2015, and a more favourable exchange rate," the StudyCentre reported. . .

(AGI) Rome, Sept 16 - Italy is not out of recession withrecovery only due in 2015, said the Confindustria (employers'organisation) Study Centre in its "economic scenario" forSeptember. GDP will fall by 0.4 percent this year and grow 0.5percent in 2015. This figure is down on the Centre's forecastin June of growth of 0.2 percent in 2014 and 1 percent in 2015.The recovery will be bolstered by several factors: "anacceleration of international trade, the positive impact ofExpo 2015, and a more favourable exchange rate," the StudyCentre reported. . .