(ANSA) – ROME, JUN 07 – Italian GDP is expected to continue growing both in 2022 (+ 2.8%) and in 2023 (+ 1.9%), albeit slowing down compared to 2021. Istat notes in the report ‘The outlook for the Italian economy 2022-2023’. “The outlook for the next few months is characterized by high downside risks such as further increases in the price system, a decline in international trade and an increase in interest rates”, Istat points out, adding that “the expectations of families and businesses could experience a significant deterioration “. The Government’s estimate in the Def of April was for this year a GDP of + 3.1%.
On the inflation front, “growth is expected to continue in the coming months and then slow down, albeit with still uncertain timing and intensity”, notes the Institute of Statistics, explaining that on the average of 2022 the rate of change of the household spending deflator it is expected to grow (+ 5.8% from + 1.7% in 2021) while the GDP deflator will mark + 3.4% (+ 0.5% in 2021). “Assuming that the upward pressure on raw material prices is contained and in the presence of a stabilization of oil and the exchange rate, inflation is expected to partially decelerate next year”, adds Istat. (HANDLE).
Source: Ansa
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