IMF downgrades Italy's GDP in 2022 to + 3.8%, + 2.2% in 2023

(ANSA) - NEW YORK, 25 JAN - The IMF reviews Italy's growth downwards for 2022. GDP is expected to grow this year by 3.8%, 0.4 percentage points less than in October.

For 2023, growth is expected to be + 2.2%, or 0.6 points more than previous forecasts.

Germany also slowed down, which will grow this year by 3.8% (- 0.8%) and the next by 2.5% (+ 0.9%).

France will score + 3.5% in 2022 (-0.4%) and + 1.8% in 2023 (unchanged).

For Spain, growth of 5.8% is expected this year (-0.6%) and 3.8% next (+ 1.2%).

British GDP is expected to + 4.7% this year (-0.3%) and + 2.2% in 2023 (+ 0.3%).

Globally, the IMF cuts the growth estimates of the world economy for 2022. After + 5.9% in 2021, GDP is expected to grow this year by 4.4%, or 0,

   In 2023, growth is estimated at 3.8%, up by 0.2 points.

   "The global economy enters 2022 in a weaker-than-expected position," the Fund said, noting that this year's downward revision is linked to the cut in estimates for the world's two largest economies, the United States and China.

Concerning the world economy is Covid but also high inflation.

(HANDLE).