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globalreutersDecember 5, 20241 Mins read
Istat cuts Italy GDP growth forecasts for this year and next
globalreutersDecember 5, 20241 Mins read - 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.
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