ISTAT lowers 2018 GDP forecast to 1.1%

(ANSA) - Rome, November 21 - ISTAT said Wednesday that it forecasts Italy's GDP will grow 1.1% in real terms this year, down from the prediction of 1.4% growth it made in May. The national statistics agency said growth was "slowing" with respect to 2017, when GDP rose 1.6%. ISTAT said it expects growth to "accelerate slightly" in 2019, rising to 1.3%.