The new series of Reports on recent economic developments examines developments in the Italian and international economies on a quarterly basis, drawing on the most recent quantitative and qualitative indicators and forecasts of trends in the economy.
The Italian recovery is consolidating. The year 2017 closed with GDP growth of +1.4 per cent. The expansion should continue at the same pace this year before decelerating in 2019. With the January issue, the Report on recent economic conditions begins the publication of the PBO’s medium-term economic forecasts based on the Istat-UPB model. These accompany the analysis of international and national economic conditions and the short-term forecasts. (more…)