Economic developments in the Italian regions in the year 2003

Annual report

July 2004
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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.