The Italian economy will grow by 0.7%
this year and 0.8% next year, the International Monetary Fund
said Tuesday, confirming its July growth forecast for 2024 and
trimming its 2025 GDP forecast by 0.1%.
In 2024, it said, Germany will do worse, with zero growth
estimated (-0.2 percentage points compared to July).
For 2025, the Fund estimates German growth at 0.8% (-0.5
percentage points).
"A persistent weakness in manufacturing weighs on the growth of
countries such as Germany and Italy", said the IMF.
Italy, however, should benefit more from a boost to internal
demand stoked by the EU-funded post COVID National Recovery and
Resilience Plan (NRRP), said the fund.
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