German Economy Slows Less Than Forecast as Italian Growth StallsBy
German GDP grew 0.4% in 2Q, Italy unexpectedly stagnated
Figures at 11 a.m. set to confirm modest euro-area recovery
German growth slowed less than predicted in the second quarter while Italian output unexpectedly stagnated, signaling diverging fortunes for two of the region’s biggest economies as they brace for any fallout from Britain’s decision to leave the European Union.
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