ROME (Reuters) -Italy’s economy contracted by 0.1% in the second quarter from the previous three months due mainly to negative trade flows, national statistics bureau ISTAT said on Friday, confirming a previous printout.

On a year-on-year basis, second-quarter gross domestic product (GDP) in the euro zone’s third largest economy increased by 0.4%, ISTAT said, also confirming the estimate it had made on July 30.

The breakdown of GDP components showed a slight rise in investments, supporting domestic demand, while trade flows gave a negative contribution, possibly reflecting the early impact of a rise in U.S. tariffs and global trade uncertainty.

Industry and agriculture contracted, whereas services were roughly stable, ISTAT said.

The statistics institute confirmed at 0.5% so-called “ac

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