OECD raises Italy's 2015 growth forecast to 0.7%

(ANSA) - Paris, September 16 - The OECD raised its 2015 growth forecast for Italy to 0.7% in its Interim Assessment, up 0.1 of a percentage point on its May prediction. However, it also revised down its 2016 GDP forecast for Italy to 1.3%, down 0.2 of a percentage point. The revised forecast for 2015 brings the OECD's prediction in line with that of the Italian government. However, Premier Matteo Renzi has said the executive will raise its growth forecast for this year. Italy has returned to positive growth this year after years of recession.