Meloni Officials See Italy Defying Gloomy Forecasts to Grow 1%
- That would be close to prior outlook in September budget
- Target update will be presented to lawmakers in April
Fresh fruit and vegetables for sale at a street market stall in Brescia, Italy.
Photographer: Francesca Volpi/BloombergThis article is for subscribers only.
Premier Giorgia Meloni’s officials reckon the Italian economy will defy downbeat forecasts this year with expansion of around 1%, according to people familiar with the matter.
The growth target, being prepared for an update by Meloni and Finance Minister Giancarlo Giorgetti in April, would only slightly undershoot their last outlook, said the people, who declined to be identified because the numbers are confidential.