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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 the�only country where the upward trend continues. Moreover, insufficient labour market�reforms 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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