Bank of Italy sees Italian GDP 0.1% this year, 0.8% in 2020 and 1% in 2021

Author: Greg Michalowski | Category: Central Banks

Bank of Italy reports on economy

  • industrial production probably fell around -0.7% QoQ in 2Q
  • sees gross NPL ratio for Italian banks under ECB supervision at 8.4% Q1 2019 from 8.3% in Q4 2018
  • sees Italian GDP growth at 0.1% this year, 0.8% in 2020, 1.0% in 2021
  • negative balance on the target2 payment system has narrowed since start of the year

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