Bank of Italy Lowers 2027 Growth Estimate to 0.4%, Keeps 2026 View Unchanged
The Bank of Italy left its 2026 GDP growth projection at 0.6% but reduced its 2027 forecast to 0.4% from 0.5%, attributing the downgrade to weaker domestic demand pressured by rising energy prices and greater geopolitical uncertainty. The revised outlook was prepared as part of a coordinated exercise among euro zone central banks to support the Eur…