The IMF raises growth forecast for Italy to 0.5%. More than 1.1% in 2016 – Il Sole 24 Ore

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This article was published April 14, 2015 at 15:07.
The last change is the April 14, 2015 at 15:13.

They improve the prospects for the Italian economy, in view of expansion of 0.5% this’ year. And ‘what we read in the tables of the World Economic Outlook, the report on the global economy of the IMF whose estimates were raised by 0.1% compared with the update of the WEO of last January. The Peninsula is thus recovering after a contraction of gross domestic product, for the Institute of Washington, was 0.4% in 2014 and 1.7% in 2013.

Even the ‘outlook for 2016 has been slightly improved: now the Fund expects a 1.1%, 0.3% more’ of previous calculations. The Fund estimates are still lower than those of the Italian government, which provide for a + 0.7% in 2015 and 1.4% in 2016.

In detail, the report predicts consumer prices in 2015 to 0% and next year to 0.8% against 0.2% in 2014. Unemployment is seen decline this year to 12, and 6% in 2016 to 12.3%, against 12.8% in 2014. The current account is seen at 2.6% of GDP in 2015 and 2.5% in 2016 compared with 1.8% of ‘last year.

The outlook of the International Monetary Fund
Italy is not the only one within the Area euro to have been the star of a upward revision of growth estimates by the International Monetary Fund. Germany, France and Spain are seen to raise even more money ‘perspectives on GDP. According to the tables of the World Economic Outlook, the report on the global economy prepared at the time of the Spring Meetings of the Fund that are going to gain momentum in Washington, the locomotive of Europe and ‘expected to grow by 1.6% this year and not more than 1.3% as estimated in the January to the WEO.

This is a performance identical to that recorded in 2014 and obviously better than that of 2013, when there was a + 0.2%. For 2016 and estimates retouching ‘of 0.2% to 1.7%. In France, the IMF expects for the current year in a GDP increase of 1.2% and not more ‘of 0.9%, while for others and’ expected a 1.5%, 0, 2% more ‘calculations early 2015. According to the Fund, the French economy had seen an expansion of 0.3% in 2013 and 0.4% in 2014. As for Spain, the upward revision’ more ‘decided, by 0.5% to + 2.5% in 2015 after 1.2% in 2013 and 1.4% in 2014.

For 2016, GDP and’ seen rise of 2%, 0.2% more ‘than previously expected. It should be noted that this year the Spanish growth is equaled EUR Area to that of Greece, Luxembourg and Estonia do best while Ireland (+ 3.9%), Malta (+ 3.2%), Czech Slovakia (+ 2.9%) and Lithuania (+ 2.8%). Worse than Italy (+ 0.5%) instead just makes Cyprus (+ 0.2%).

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