Mercoledì, 17 Ottobre 2018

Italy cuts 2013 economic forecast to 1.3% contraction in GDP

English
© ANSA

(ANSA) – Rome, March 21 – The Italian government on
Thursday slashed its economic forecasts for 2013 to a 1.3%
contraction, compared with an earlier prediction of a 0.2% drop
in gross domestic product this year.
The economy will grow 1.3% in 2014, Italian Finance
Minister Vittorio Grilli said, slightly higher than a previous
forecast of 1.1% growth.
The deficit-to-GDP ratio next year will be 1.7%, Grilli
added.

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