Italy's GDP is projected to grow by
0.4% in 2025, with the deficit rising from 3.3 to 3.6% of GDP
and public debt increasing by 1.5 points to 138.4% of GDP,
according to estimates released on Saturday by the Observatory
of Italian public finance (OCPI) of Milan's Catholic University,
published after ISTAT's GDP data.
2024 should end with a real GDP of +0.6/+0.7%, the observatory
also said.
The report said such figures "will not hinder the respect of
European rules", apart from a one-year delay in relation to the
EU's budget rules over deficit-reduction parameters under 3% of
GDP.
According to initial estimates released by ISTAT on Thursday,
Italy's GDP was flat in the fourth quarter of 2024 with respect
to the previous three months and up 0.5% compared to the
October-December period in 2023.
The national statistics agency said Italy's GDP grew by 0.5%
last year with respect to 2023, according to seasonally adjusted
and calendar-adjusted data (there were four more working days in
2024 than in 2023).
In September the government gave a non-calendar-adjusted
estimate of 1% for Italy's growth in 2024.
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