(ANSA) – BRUSSELS, FEBRUARY 10 – The EU in winter estimates revises Italian GDP downwards in 2022, forecasting + 4.1% when, in the report last November, it configured growth of 4.3%. For 2023 the EU estimates a GDP at + 2.3%. “The short-term forecasts are overshadowed by the prolonged supply disruption and the sharp rise in energy prices. The erosion of purchasing power and the weakening of consumer confidence are expected to dent real growth in the short term. economic activity is expected to gain momentum in the second quarter and continue to expand in the second half of the year, “writes the EU. The EU as a whole reached its pre-pandemic level of GDP in the third quarter of 2021 and all member states are expected to have passed this milestone by the end of 2022. The growth slowdown configured in the autumn was more acute than expected. But, it is underlined, “uncertainty and risks” for the recovery “remain high, considerably aggravated by the geopolitical tensions in Eastern Europe”. (HANDLE).
Source: Ansa
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