February 12, 2025
Italy’s Economy Slowed in 2024, Finance Ministry Official Confirms #ItalyFinance

Italy’s Economy Slowed in 2024, Finance Ministry Official Confirms #ItalyFinance

CashNews.co

Italy’s economy probably grew much less than forecast this year, according to a Finance Ministry official.

The official confirmed that forecasts by the country’s Istat statistics agency predicting expansion of just 0.5% in 2024 are “not a surprise.” The government’s projection is currently 1%. Istat also slashed next year’s growth target to 0.8% from 1.1% six months ago.