Italy's recovery is
strengthening, ISTAT said in its monthly report on the economy
on Tuesday.
It said the recovery was being fueled by positive
expectations about the labour market and rising investment
levels.
"In a favorable international environment, the Italian
economy continues to strengthen supported by the capital
accumulation process," the national statistics agency said.
"The production activity remains positive in presence of a
slowdown in services growth.
"The labor market is stable while the downturn in labor
productivity reflects the high level of employment that
characterizes the economic recovery phase.
"The leading indicator continues to show an upward pace,
strengthening the short-term outlook".
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