A man carries shopping bags past a clothing boutique announcing its New Year sales in Milan January 7, 2008. REUTERS/Stefano Rellandini
ROME (Reuters) - Italy's economy shrank by less than expected in the second quarter, adding to recent signs its longest post-war recession is bottoming out but still marking the eighth consecutive quarter of contraction.
Gross domestic product fell 0.2 percent following a 0.6 contraction in the first three months, and dropped 2.0 percent on an annual basis, national statistics bureau ISTAT reported on Tuesday.
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