The Italian economy will grow by
0.5% this year, 0.9% next year and 1.1% in 2022, the Bank of
Italy said Friday, confirming December forecasts.
Growth will be spurred by increased consumer demand and a
resurgence in foreign trade, the central banks said.
GDP was "all but stationary" in the fourth quarter of last
year, and could be subject to a reduction.
The government thinks it can reach 0.2% growth for 2019,
compared to an initial estimate of 0.1%, Economy Minister
Roberto Gualtieri said Wednesday.
"The data are a bit better than our forecasts," he said.
The government also thinks it can do better than the 0.6%
growth forecast for this year, he said on the stump for regional
elections in Emilia Romagna on January 26.
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