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Istat cuts Italy GDP growth forecasts for this year and next

  • December 5, 2024
  • -FCHFX

December 05, 2024 at 09:10AM

2024 GDP growth forecast seen at 0.5% (previously 1.0%)

2025 GDP growth forecast seen at 0.8% (previously 1.1%)

Their previous forecast was made in June, hence the stark changes here. The euro area economy in general saw a more resilient first half of the year but that has largely faltered in the second half, with Trump tariffs set to make for a more challenging outlook going into next year.

This article was written by Justin Low at www.forexlive.com.

Istat cuts Italy GDP growth forecasts for this year and next
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