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21 October 201914.40 Confcommercio revises its GDP estimates downwards. In 2019 growth will be limited to + 0.1% against the 0.3% rise expected last March. The Italian economy will also slow down in 2020, with an expected growth of 0.3%, against the most optimistic figure released in March (+ 0.5%). In contrast, the trend in consumption, expected to rise by 0.4%, against the + 0.3% announced in March and investments. The latter will rise by 2.3% at the end of the year, 2% more than the estimates released in the first quarter of the year.GDP, Confcommercio: only + 0.1% in 2019
2019-10-21T12:54:33.806Z
14.40 Confcommercio revises its GDP estimates downwards. In 2019 growth will be limited to + 0.1% against the 0.3% rise expected last March. The Italian economy will also slow down in 2020, with an expected growth of 0.3%, against the most optimistic figure released in March (+ 0.5%). In contrast, the trend in consumption, expected to rise by 0.4%, against the + 0.3% announced in March and investments. The latter will rise by 2.3% at the end of the year, 2% more than the estimates released in the first quarter of the year.
Source: rainews