Rome

Italy's GDP forecast for 2013 revised down to 1.4%

Negative growth to be 0.9% worse than expected in November

Italy's GDP forecast for 2013 revised down to 1.4%

Rome, May 6 - Istat revised its 2013 gross domestic product (GDP) forecast for recession-hit Italy down to -1.4% in real terms on Monday. The national statistics agency had predicted negative growth would be 0.9% less in November. It forecast the Italian economy would grow 0.7% in 2014.

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