Bank of Italy confirms the latest estimates, 2024 GDP at +0.6%. Next year it expects growth of 1% and in 2026 1.2%.
The Institute revises inflation estimates downwards, which "would decrease sharply in 2024", to 1.3% (last December it forecast 1.9%). Core inflation would fall to 2% on average this year and would further reduce in the next two years, writes Bank of Italy. "The unemployment rate would slowly fall to 7.4% in 20 26, more than 5 points lower than the peaks reached following the debt crisis a decade ago"