Italy slashes GDP estimate
The prior estimate was from September so it was stale. The consensus right now is 4.4%, so this isn't a surprise.
GDP in 2020 fell 8.9% and it will be at least into 2023 before the losses are recovered.
The prior estimate was from September so it was stale. The consensus right now is 4.4%, so this isn't a surprise.
GDP in 2020 fell 8.9% and it will be at least into 2023 before the losses are recovered.
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