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Confcommercio revises growth forecasts downwards (2)

1.2% this year, 1.1% next

Redazione Ansa

(ANSA) - Rome, March 23 - Retail association Confcommercio on Friday revised downwards its Italian growth forecasts for 2018 to 1.2% and 1.1% for 2019.
    The latest OECD forecast is for 1.5% growth this year and 1.3% next year.
    Italy's gross domestic product (GDP) rose by 1.5% in 2017, the biggest rise since the 1.7% increase registered in 2010, ISTAT said recently.
   

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