Macro - Country Economic Forecasts - Italy

Macro - Country Economic Forecasts - Italy

We've upgraded our 2024 GDP growth forecast for Italy by 0.1ppt to 0.8% and think inflation will average around 1% this year. According to the flash estimate, Italy's GDP grew by 0.3% q/q in Q1, but there is a risk this figure will be revised down in future releases due to more recent monthly data. The GDP expansion was coupled with encouraging incoming survey data.

Italy: Robust M1 likely overstated the health of the economy
Forecast overview.
Recent developments
Short-term outlook
Key drivers of our Short-term Forecast
Economic risk
Economic risk evaluation

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