The Bank of Italy said Friday that it
has raised its forecast for Italy's GDP growth this year to
5.1%, up from the 4.9-5% predicted in June.
Governor Ignazio Visco had forecast growth of around 5% two
weeks ago.
The central bank said it expected the Italian economy to grow by
4.4% next year and by 2.3% in 2023.
"These projections depend on the hypotheses that the improvement
of the national and global health situation is consolidated and
that the decisive support of budget policy continues," the bank
said.
It said growth growth should accelerate "in a significant way
from the third quarter".
It said Italy's GDP should return to its pre-pandemic level in
the second half of 2022.
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