(ANSA) - Rome, July 14 - The Bank of Italy on Friday raised
its 2017 growth forecast by 0.5%, to 1.4% from 0.9% in January,
citing a boost in consumer spending and investments.
The central bank also raised next year's forecast, to 1.3%.
The Bank of Italy said the forecasts had been made in light
of the European central Bank continuing its current expansionary
policies, and could change if the ECB were to change those
policies.
The Italian central banks said it saw both consumer spending
and investments growing at "relatively steady rates".
Bank of Italy raises 2017 growth (3)
From 0.9% in January