Italy’s GDP fell 8.8% in 2020 – ISTAT (3)

  1. Home
  2. /
  3. Blog
  4. /
  5. What happened in Italy today
  6. /
  7. Italy’s GDP fell 8.8% in 2020...

(ANSA) – ROME, FEB 2 – ISTAT said Tuesday that Italy’s GDP
fell by 8.8% in 2020 with respect to the previous year, in a
preliminary estimate based on raw quarterly data. The national statistics agency said the drop was 8.9% according
to its calendar-adjusted estimate.
    The figures are slightly better than the fall of 9% estimated in
the government’s NADEF economic blueprint after the COVID-19
pandemic plunged Italy into recession.
    Economy Undersecretary Pier Paolo Baretta said GDP would
rebound 5-6% this year if COVID ends. The NADEF forecast is 6%.
    (ANSA).
   

Previous

Man ordered to pay fines incurred by men who stole his car

Girl, 16 mts, serious after stairwell fall

Next

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.