Home Istat cuts Italy 2018 GDP growth forecast to 1.1% from 1.4%

Istat cuts Italy 2018 GDP growth forecast to 1.1% from 1.4%

Published date: 21 Nov. 2018 | 10:09

Italy’s statistics bureau (Istat) lowered its domestic GDP growth forecast for 2018 to 1.1% from 1.4% forecasted in May.

Key highlights:

“¢ Sees 2019 GDP growth forecast at 1.3%.
“¢ Government’s budget will support domestic demand in 2019.
“¢ Net exports will make no contribution to growth.

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