Italy’s Higher 2021 GDP Confirmed in Fiscal Boost for Meloni
Tourists pass shops in central Siena, Italy.
Photographer: Francesca Volpi/BloombergThis article is for subscribers only.
Italy’s growth rebound in 2021 was confirmed as bigger than initially estimated, narrowing the deficit and creating some fiscal space for Premier Giorgia Meloni’s upcoming budget targets.
Gross domestic product rose 8.3% that year as the euro zone’s third-biggest economy sprang back from the pandemic, compared with a prior measurement of 7%, the country’s statistics agency said on Friday.