Confindustria sees growth slowdown

(ANSA) - ROME, OCT 22 - Italian GDP growth in 2024 is slowing to 0.8%, one-tenth of a percentage point less compared to April forecasts, the study centre of industrial employers group Confindustria said on Tuesday.
    Forecasts for 2025 were also downgraded to just over +0,9%, it noted.
    "Growth in Italy is slowing down", said the study centre, highlighting the impact of ISTAT's revised 2023 GDP on this year's estimates.
    Public deficit was also revised down to 3.9% of GDP in 2024 and 3.1% in 2025; "debt remains too high" and is expected to reach 136.9% in 2024 and 138.5% next year, Confindustria said. (ANSA).