• Italian economy is expected to expand 1.1% in 2016

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17 mayo 2016

Italian economy is expected to expand 1.1% in 2016

The Italian statistical office Istat released its gross domestic product (GDP) forecast data for Italy on Tuesday. The Italian GDP is expected to rise 1.1% this year, down from the previous forecast of 1.4% growth, after a 0.8% rise last year.

According to the Istat, domestic demand is expected to rise 1.3% this year, residential households consumption expenditure to increase 1.4%, while exports to climb 1.7% and imports to jump 2.3%.

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