• Italy’s government upgrades its growth forecasts for this and next year

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21 septiembre 2015

Italy’s government upgrades its growth forecasts for this and next year

The government of Italy's Prime Minister Matteo Renzi upgraded its growth forecasts for this and next year on Friday. Italy's gross domestic product (GDP) is expected to grow 0.9% in 2015, up from April's estimate of a 0.7% increase, and to climb 1.6% in 2016, up from April's forecast of a 1.4% rise.

The Italian economy is showing signs of a recovery. The economy has been in a recession for three years in a row.

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