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Moody's ups Italy's growth projection for 2023 to 0.8%

Due to falling energy prices and a good start to the year

Redazione Ansa

(ANSA) - ROME, MAY 31 - Moody's Investors Service on Wednesday revised upwards to 0.8% its estimate for Italy's GDP growth in 2023.
    This compares to the 0.3% growth forecast issued at the end of February.
    "We have modestly raised our forecasts for Italy and France in response to falling energy prices and a better start to the year," said Moody's.
    The rating energy instead lowered its estimates for Italian GDP growth in 2024 from 0.6% to 0.4%. (ANSA).
   

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