(ANSA) - Rome, September 26 - Italian retailers Confcommercio association said Wednesday that the country's economic growth was slowing, with GDP set to rise 1.1% this year and 1% in 2019. Both figures were revised down 0.1 of a percentage point from Confcommercio's previous forecasts.
The association projected that Italy's deficit-to-GDP ratio for 2019 will be 2.8% if the budget law features all the measures in the 5-Star Movement/League executive's contract of government.
Retailers warn growth set to slow to 1.1% in 2018
Confcommercio sees 2.8% deficit in 2019 with government contract