Home » EU, the Commission improves growth estimates for Italy: + 6.2% in 2021, + 4.3% in 2022

EU, the Commission improves growth estimates for Italy: + 6.2% in 2021, + 4.3% in 2022

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MILANO – Even the European Commission, after the government, is revising its growth estimates for our country upwards. “After the rebound in the first half of 2021, the Italian GDP is destined to continue to expand, despite encountering some headwinds in the short term”, writes Brussels in the autumn economic forecasts, which see the Italian GDP at + 6.2% this year, before growth drops to 4.3% in 2022 and economic performance returns to pre-crisis levels “by the middle of next year”. In the summer, the Commission had forecast for Italy a 5% increase in GDP in 2021 and 4.2% in 2022.

EU, growth confirmed. The US fears inflation at its peak for thirty years

by our correspondent Claudio Tito


“The public debt / GDP ratio is expected to drop from 155.6% in 2020 to 151.0% in 2023, thanks to the economic recovery and a favorable stock-flow adjustment” adds the Commission, revising the estimates of the debt that will fall already this year. to 154.4% and 151.4% in 2022. Growth will be “supported by domestic demand”. The deficit-to-GDP ratio “driven by the economic recovery and the gradual elimination of the government’s emergency tax measures”: after rising to 9.6% in 2020, it should drop to 9.4% in 2021, to 5.8% in 2022 and 4.3% in 2023.

With respect to the price trend, theinflation of the Eurozone stood at 2.4% in 2021 and 2.2 in 2022. In 2023, a sharp decline in the rate is expected, to 1.4%. Higher levels at European Union level: in 2021, 2022 and 2023 theinflation will be 2.6%, 2.5% and 1.6% respectively. This is what is stated in the EU commission’s autumn economic forecast.

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