Given this Python code snippet for DynamoDB, what will be the output if a throttling error occurs on the first attempt?

Given this Python code snippet for DynamoDB, what will be the output if a throttling error occurs on the first attempt?

import boto3
from botocore.exceptions import ClientError

client = boto3.client('dynamodb')

try:
    response = client.put_item(TableName='MyTable', Item={'id': {'S': '123'}})
    print('Success')
except ClientError as e:
    if e.response['Error']['Code'] == 'ThrottlingException':
        print('Retrying...')
    else:
        print('Failed')