The International Monetary Fund (IMF) confirms growth of 0.5% for Italy both this year and in 2027. The figures are set out in the World Economic Outlook published on Wednesday.
They are "modest but expected" levels, noted the Fund's deputy director of research, Petya Koeva Brooks. "The investments planned under the NRRP (National Recovery and Resilience Plan) continue to support economic activity. At the same time, higher energy and food prices and elevated uncertainty are weighing on household consumption," Brooks said.
As for inflation, "the forecast has been revised upwards, partly because of greater dependence on energy imports, and we expect it to remain above target until 2028," she added.
The World Economic Outlook also confirms its projections for the Spanish economy at 2.1% and 1.8% GDP growth in 2026 and 2027, while the forecasts for France and Germany are revised downwards for 2026.
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