Italy's virus-stricken economy shrank by 8.9 percent last year, national statistics office Istat said Tuesday.
The calendar-adjusted figure represents the biggest contraction in gross domestic product (GDP) since the end of World War II.
Italy's GDP shrank 8.9 percent in 2020: stats agency
Italy's virus-stricken economy shrank by 8.9 percent last year, national statistics office Istat said Tuesday.
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Italian Prime Minister Giuseppe Conte at a press conference held in 2020, to present new measures to tackle the spread of the Covid-19 disease caused by the coronavirus. PHOTO: AFP / ANSA
2021-02-02 14:51:28
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