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Italy GDP nine points behind pre-crisis levels says govt

Production output 20 points behind

Redazione Ansa

(ANSA) - Rome, April 11 - The economic recession was "unprecedented" for Italy and national GDP still lags pre-crisis levels by nine points, the government said Monday in a report to parliament accompanying its 2016 financial and economic planning document (DEF). "Compared to pre-crisis production trends - which were already posting unsatisfactory results prior to 2008 - the gap in production output is almost 20 points," the paper said. "This is of unprecedented gravity".
   

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