In the final quarter of 2019 Italian real GDP contracted by 0.3% q-o-q. Economists at Rabobank expect the economy to be broadly stagnant in 2020 and to contract in 2021. Key quotes “We still forecast economic growth to be broadly stagnant in the first quarter of this year. The prospect of yet another contraction and hence a recession cannot be ruled out.” “We expect the slowdown to continue in 2021, with growth of private expenditure even turning negative in 2021. We expect the economy to be broadly stagnant in 2020 and to slightly contract in 2021.” “We expect growth of private consumption and housing investment to slow over the coming two years.” “Given the large internal divisions, the government’s very weak majority in the Senate and the busy regional election calendar in spring, we expect little meaningful legislation to improve the country’s very weak longer-term growth perspective and public finances.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Gold: Beware of a reversal in safe haven flows – TDS FX Street 2 years In the final quarter of 2019 Italian real GDP contracted by 0.3% q-o-q. Economists at Rabobank expect the economy to be broadly stagnant in 2020 and to contract in 2021. Key quotes “We still forecast economic growth to be broadly stagnant in the first quarter of this year. The prospect of yet another contraction and hence a recession cannot be ruled out.” “We expect the slowdown to continue in 2021, with growth of private expenditure even turning negative in 2021. We expect the economy to be broadly stagnant in 2020 and to slightly contract in 2021.” “We expect growth of… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
