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Fitch lowers Italy 2018 growth forecast

But confirms 2019 and 2020

Redazione Ansa

(ANSA) - Rome, September 21 - Fitch on Friday lowered its growth forecast for Italy to 1.2% this year, from 1.3% in June, but confirmed 1.2% for 2019 and 0.9% for 2020.
    The ratings agency said in an update to its Global Economic Outlook that second-quarter Italian growth was "half what we forecast in the GEO in June".
    It said an international tariff war was crimping exports and welcomed investments but said they posed some risks.
    Several international bodies have recently shaved Italian growth forecasts.
   

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