Italy Q2 preliminary GDP 0.2% vs 0.2% Q/Q expected

• Italy Flash Q2 GDP Y/Y 0.9% vs. 0.8% expected and 0.7% prior.
• Italy Flash Q2 GDP Q/Q 0.2% vs. 0.2% expected and 0.3% prior.

The periphery nations remain the bright spot in Europe as we have also seen with the Spanish release earlier.