The International Monetary Fund (IMF) confirms growth of 0.5% for Italy both this year and in 2027. The figures are set out in the World Economic Outlook published on Wednesday.
They are "modest but expected" levels, noted the Fund's deputy director of research, Petya Koeva Brooks. "The investments planned under the NRRP (National Recovery and Resilience Plan) continue to support economic activity. At the same time, higher energy and food prices and elevated uncertainty are weighing on household consumption," Brooks said.