ISTANBUL: Italy's economic growth is expected to average 0.75% in the 2024-2026 period, while disinflation is expected to continue, the International Monetary Fund (IMF) said Tuesday. The IMF said stronger economic growth is possible with a stronger fiscal performance and higher private investment. But economic growth could be negatively affected if regional conflicts intensify, there are sharp slowdowns in major trading partners and deepening geoeconomic fragmentation, or there are significantly higher-than-expected interest rates. "Headline inflation has declined steeply, led by the drop in energy prices, with core inflation also moderating," the IMF said in its Staff Concluding Statement of the 2024 Article IV Mission. "Inflation is projected to undershoot the 2 percent target in 2024 but to return to target thereafter," it added. Source: Anadolu Agency
Italy’s economic growth forecast to average 0.75% in 2024-2026: IMF
News For
RECENT POSTS
Beer Deliveries in Cyprus Rise Domestically, Exports Plummet
October 12, 2026
Cypriot Economy to Maintain 3% Growth Rate Through 2029
October 12, 2026
Cyprus Trade Deficit Expands to £6.3 Billion in Early 2026
October 12, 2026
Cyprus Calls for Equal Participation at COP31 Climate Summit
October 12, 2026
Temperature Report for Cyprus Shows Varied Conditions
October 12, 2026
Cyprus Promotes Halloumi Cheese at Anuga Select India 2026
October 12, 2026
Cyprus and Saudi Arabia Sign Energy Cooperation Agreement
October 12, 2026