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2019 growth forecast down to 1% - Conte

Macroeconomic outlook has deteriorated says premier

Redazione Ansa

(see related) (ANSA) - Rome, December 19 - Premier Giuseppe Conte told the Senate that the government has revised down its GDP growth forecast for Italy for 2019 from 1.5% to 1%. "In the letter (I sent) to the European Commission, in addition to new quantifications, I pointed out that amendments will have to take account of the evolution of the macroeconomic outlook and its deterioration, in particular due to the slowdown in international trade," he said.
    "The slowdown of the cycle takes next year's GDP (growth) to 1%".
   

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