Bank of Italy updates economic outlook released on 3rd April: CPI forecasts raised across the board
Importance
Level 1
Growth:
- Cuts 2026 GDP growth forecast to 0.5% (prev. 0.6%)
- Cuts 2027 GDP growth forecast to 0.5% (prev. 0.2%)
- Maintains 2028 GDP growth forecast at 0.8%
Inflation:
- Raises 2026 CPI to 2.6% (prev. 1.4%)
- Raises 2027 CPI to 1.8% (prev. 1.6%)
- Raises 2028 CPI to 1.9% (prev. 1.6%)
#ECONOMIC COMMENTARY#DATA#ASIAN SESSION#EU SESSION#CONSUMER PRICE INDEX#GROSS DOMESTIC PRODUCT#INFLATION