Economic Indicators

Italy slashes 2023 GDP growth forecast to 0.6% from 2.4%, sources say

2022.09.28 12:27

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© Reuters. FILE PHOTO: A woman shops at Campo de’ Fiori market in Rome, Italy, June 15, 2022. REUTERS/Guglielmo Mangiapane/File Photo

ROME (Reuters) – Italy’s outgoing government has slashed next year’s economic growth forecast to 0.6% from a 2.4% goal set in April, political sources told Reuters.

The cabinet approved new economic and public finance forecasts on Wednesday, which are expected to be released shortly.

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