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2014.04.2405:59:00UTC+00Italy Pmis on An Upward Trend and Indicate Higher Gdp Growth

Quotes from Danske Bank:

-Italy has a low unemployment rate compared to other periphery countries but it is theonly country where the upward trend continues. Moreover, insufficient labour marketreforms imply that unit labour cost has not adjusted like in the other countries.However, PMIs are on an upward trend and indicate higher GDP growth.

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