India  

Italy statistics bureau sees 2024 GDP growth far below government forecast

IndiaTimes Tuesday, 5 December 2023
ISTAT cuts its previous projections for the Italian economy's growth this year and in 2024. The new forecasts are 0.7% for both years, significantly below the government's estimate. Rome faces challenges in maintaining growth momentum and meeting public finance targets. ISTAT's report also highlights that trade flows will not provide a boost to growth, and the economy is expected to slow in the coming months. The government's expansionary 2024 budget is projected to increase growth by 0.2 percentage points next year. Jobless rate forecasts have also been revised.
0
shares
ShareTweetSavePostSend
 

You Might Like


Related videos from verified sources

US Makes Promise to Conserve Old-Growth Forests [Video]

US Makes Promise to Conserve Old-Growth Forests

US Makes , Promise to Conserve , Old-Growth Forests . On December 19, the Biden administration committed to conserving old-growth trees in national forests across the United States as the impact of..

Credit: Wibbitz Top Stories     Duration: 01:31Published