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Italy lags in euro zone's Big Five economies

Published 16/05/2017, 16:42
Updated 16/05/2017, 16:50
© Reuters. People walk inside an Inditex owned Zara Home store in Milan

By Jeremy Gaunt

LONDON (Reuters) - Of the euro zone's top five economies, Italy is struggling to keep growth going, though it is only slightly worse for wear than France.

© Reuters. People walk inside an Inditex owned Zara Home store in Milan

Tuesday's first-quarter GDP growth was just 0.2 percent up on the previous period and slowed to 0.8 percent year-on-year.

Add this to data showing that life has become more expensive since Italians got the euro and that Germany is barrelling ahead.

The following graph shows GDP trends for Germany, France, Italy, Spain and The Netherlands. The one below shows changes in euro zone purchasing power based on GDP per capita:

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