(ANSA) - MILAN, SEPTEMBER 16 - Fitch raises its estimates for Italy in 2021, expecting growth of 5.7%, compared with 4.8% expected last June. "This is largely due to very strong second quarter growth" during which GDP "increased 2.7%, above our forecast of 1.4%. A faster-than-expected rebound in consumer activity after the the end of the restrictions was a key factor, "explains the Global economic outlook.
The agency expects the economy to return to "pre-pandemic levels in the second quarter of 2022" in which the Pildo should grow by 4.3% and then slow down to 2.2% in 2023.
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