Moody's cut Italy's growth estimates in 2022 to + 2.3%, from the + 3.2% expected in March, and those in 2023 from + 2.1% to + 1.7%.
The Eurozone, according to the new Macro Global Outlook, will grow by 2.3% in 2022, compared to the 2.5% forecast two months ago, while a small improvement is expected in 2023 (from +2.2 to +2 , 3%).
The US is also slowing, from +3.7 to + 2.8% in 2022 and from + 2.5% to + 2.3% in 2023, and China too, from + 5.1% to 2022. + 4.5%, while in 2023 the GDP of Beijing is revised upwards from +5.2 to + 5.3%.
