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Live Updates  >  Live Update Details

2025-08-01 18:17:59

[Economic alarms are ringing, why has Italy's GDP growth been lowered again?] ⑴ Italy's budget watchdog has lowered its GDP growth forecast for the country for the next two years. ⑵ The agency lowered its growth forecast for 2025 from 0.6% to 0.5%, and its forecast for 2026 from 0.7% to 0.5%. ⑶ This adjustment is mainly attributed to two key factors: one is the negative impact of trade tensions caused by Trump's tariff remarks. ⑷ The second is the appreciation of the euro against the US dollar, which may put pressure on Italy's exports. ⑸ Although the Italian economy has previously shown a certain degree of resilience, the complexity of the external environment is posing new challenges to its growth prospects. ⑹ The combination of external uncertainties and exchange rate fluctuations together constitutes the downside risks facing the Italian economy. ⑺ This forecast also reflects the general difficulties that eurozone economies may face against the backdrop of rising global trade protectionism.

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