IMF: confirms Italian GDP 2024 at +0.7%, raises 2025 to +0.9%

In 2024 the Italian economy is expected to grow by 0.7%. This is stated by the International Monetary Fund, which confirms - in its July update - the estimates of the World Economic Outlook (WEO) of April. For next year, however, the organisation revises its previous assessment upwards by 0.2 points, estimating GDP growth in Italy of 0.9%. This is, however, one of the few adjustments made for the major European economies, if we exclude the +0.5 points for Spain's GDP in 2024 now estimated at +2.4% (growth of 2.1% is instead confirmed for next year). For the Eurozone, the Fund forecasts +0.9% in 2024 and +1.5% in 2025.