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ISTAT ups 2017 growth forecast to 1.5% (2)

Up from 1%, in line with govt, agency sees 2018 GDP +1.4%

Redazione Ansa

(ANSA) - Rome, November 21 - ISTAT said Tuesday that it has raised its growth forecast for Italy for 2017 to 1.5%, compared to its previous forecast of a 1% increase in GDP this year. It means growth has accelerated this year after a 0.9% rise in GDP in 2016.
    As a result Italy is set to register its highest growth level since 2010. The forecast is in line with the government's prediction of a 1.5% GDP rise this year.
    The national statistics agency said it expects the Italian economy to grow by 1.4% in 2018.
   

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