GDp growth in 2016 will end up at
0.9% compared to the government's latest estimate of 0.8% and an
"acceleration" is needed to reach the 1% target this year, the
parliamentary budget office (UPB) said Monday. The recovery is
proceeding "at a moderate pace" in Italy, the UPB said. But it
said 2017 had opened with greater uncertainty and the first
quarter should see a quarterly rise of 0.1%, and 0.7% over the
year. Reaching 1% this year, therefore, would "require an
acceleration with average GDP rises of 0.4% starting from the
second quarter".
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