BRIEF-Italy returned to growth in Qtr1, again domestic demand – Reuters Italy

       

* From January to March GDP + 0.3% on trim, zero on-year, above expectations

       

* stronger economic growth for 4 years

       

* Trend toward stops declining after more than three years

       

* For more Padoan 2015 target within reach

       

* 2015 outlook positive but less brilliant of euro area

       

Elvira Pollina

       

MILAN / ROME, May 13 (Reuters) – In January-March, the Italian economy grew more than expected, recording positive economic change in the gross domestic product more consistent for four years, thanks to the contribution of domestic demand.

       

It takes so off the slow recovery expected by the government and by economists for this year, triggered by the expansionary measures of the European Central Bank and by the drop in crude oil prices, as well as an application of less restrictive rules of EU budget .

       

The return of the plus sign, a fugitive from the third quarter of 2013, is certified by the preliminary numbers disclosed this morning by Istat, that the GDP between January and March this year has grown by 0.3%, after a marked change anything in the previous three months. More …