News Analysis: Economic forecasting in Italy challenging amid pandemic


ROME, Jan. 27 (Xinhua) -- Amid political turmoil and uncertainty connected to the coronavirus pandemic, economists say predicting Italy's economic performance in the near- or medium-term amounts to a guessing game.

Earlier this month, Italy's Finance Ministry predicted the country's economy will grow by 6.0 percent compared to last year. That is more optimistic than other forecasts -- the research branch of Banca Intesa Sanpaolo in early January predicted 4.7-percent economic growth for the year, which is higher than the 3.0-percent estimate this week from the International Monetary Fund.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Honduras' presidential runner-up Nasralla challenges loss
Yearender: Labour's honeymoon ends as Britain's cost-of-living crisis continues
Prolonged border control delays cause disruptions at Lisbon airport
Mainline welding completed for Chinese-built East African oil pipeline
US issues sanctions related to Iran and Venezuela weapons trade
US judge halts end of deportation protections for South Sudanese migrants
UAE says it ends mission of remaining forces in Yemen voluntarily
Power failure halts Channel Tunnel rail traffic, causing travel mayhem
Poland acts to improve status of same-sex couples with cohabitation bill
Russia attacks Ukraine's Black Sea ports and civilian ships, Kyiv says

Others Also Read