The Bank of Italy confirms its January forecasts and leaves Italy's 2024 GDP estimate unchanged at +0.6%. Next year it expects growth of 1% and in 2026 1.2%. "Economic activity would benefit from the recovery in foreign demand and the purchasing power of families but still restrictive financing conditions and the reduction of incentives for residential construction would weigh on investments", writes Bank of Italy in the latest macroeconomic projections.
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