Economic developments in the Italian regions in the year 2003Annual report

The Italian economy stagnated in 2003. GDP grew by 0.7 per cent in the Centre and 0.4 per cent in the South and Islands and the North- East, but contracted by 0.3 per cent in the North-West. Overall the Italian economy expanded by 0.3 per cent, which was less than the already modest figure of 0.4 per cent recorded in 2003.