Home / Breaking News / Reuters: Italy to Cut 2021 GDP Growth Forecast to 4.1% From 6.0% –

Reuters: Italy to Cut 2021 GDP Growth Forecast to 4.1% From 6.0% –

The Italian government is set to lower its 2021 Gross Domestic Product (GDP) growth forecast in April’s publication to 4.1% from 6%, Reuters reported on Monday, citing three government sources familiar with the matter.

On a positive note, the 2022 growth forecast is expected to be hiked to 4.3% from 3.8%.

Check Also

The Euro’s Moment? Weak US Data and ECB Action Set the Stage

The euro strengthened against the US dollar, with the EUR/USD pair climbing above 1.14. This …