The European Commission said Thursday
that it has trimmed its forecast for Italy's GDP growth in 2022
to 4.1%, down from he 4.3% it predicted in November.
It forecast a rise of 2.3% in 2023.
It said the slower growth was an EU-wide phenomenon.
"After the robust rebound in economic activity that started in
spring last year and continued unabated through early autumn,
the growth momentum in the EU is estimated to have slowed to
0.4% in the last quarter of 2021, from 2.2% in the previous
quarter," the Commission said in its winter economic forecast.
"While a slowdown was already expected in the Autumn 2021
Economic Forecast, after the EU economy closed the gap with its
pre-pandemic output level in 2021-Q3, it was sharper than
projected as headwinds to growth intensified: notably, the surge
in COVID-19 infections, high energy prices and continued
supply-side disruptions".
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