The OECD said in its global
economic outlook on Wednesday that it expects Italy's gross
domestic product (GDP) to rise 1% this year and 1.4% in 2017,
standing by the forecasts it made in February.
"Private consumption continues to be the main driver of
the recovery," the report said.
"Employment growth has temporarily slowed but real income
gains and pent-up demand are supporting household spending.
"Investment is turning around, providing some support to
domestic demand, but constraints on the availability of bank
credit still impede a faster investment recovery".
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