Moody’s revises 2026 GDP forecast to +0.7%: ‘Fiscal consolidation is credible and achievable’

Milan, 28 March (LaPresse) – Moody’s has revised its growth forecasts for Italy in 2026 slightly downwards to 0.7%, from the +0.8% initially estimated. Inflation forecasts have been raised from 1.8% to 2.1%. The downward revision of growth and upward revision of inflation are due to the war in Iran which, according to the rating agency, will be a relatively short-lived conflict in the baseline scenario. Italy’s GDP will rise by 0.8% in 2027, with inflation at 2%.