Economic indicators from
employment to profits to rising demand for cars and exports will
all be stronger than expected, forecasters with major employers'
group Confindustria said Wednesday.
It predicted "many surprises that are finally positive for
the economy" are in store, and gross domestic product (GDP) will
be stronger than forecasts made in December, said Confindustria.
Then, it had predicted growth of 0.5% this year and 1.1% in
2016 which should now be exceeded, said the organization.
Italy's economy has not grown in about six years but
forecasts are for a turnaround this year albiet with slow
growth.
Confindustria suggested that by June, signs of a pick-up in
activity should be clearer.
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