Italy – lowered growth and inflation forecast puts deficit targets at risk

Erste Group
By February 9, 2019 03:07

Italy – lowered growth and inflation forecast puts deficit targets at risk

Week Ahead

This week, the EC has significantly lowered its 2019 GDP forecast for the euro area from +1.9% to +1.3%. Germany, Italy and the Netherlands were most affected by the negative revision. Significantly lower growth expectations are also dampening core inflation expectations.

Erste Group
By February 9, 2019 03:07

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