ISTAT said Tuesday that it expects
Italy's GDP to rise 3.9% this year but added that it forecasts
growth will slow down to 0.4% in 2023.
The national statistics agency said it expects employment levels
to rise more than growth, with a 4.3% increase this year and
0.5% next.
It said it expects unemployment for 2022 to come in at 8.1% and
that, despite the increase in employment levels, it sees the
jobless rate edging up to 8.2% in 2023.
Fitch, meanwhile, said Tuesday that it has a less optimistic
view of Italy's growth prospects, although the outlook is not as
negative as it had been.
It said it sees GDP increasing by 3.7% and contracting by 0.1%
in 2023, explaining that it had revised down it forecast of
negative growth by 0.6 of a percentage point in view of a slight
easing of the gas crisis.
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