Italian Economy Minister Giancarlo Giorgini confirmed that "Italy can still achieve economic growth of about 1 percent during 2023".
Italy's gross domestic product contracted 0.4 percent in the second quarter from the first quarter, and the manufacturing sector contracted in August for a fifth month. GDP grew 0.6 percent quarter-on-quarter in the first three months of this year.
"The government plans to maintain the 1 percent growth forecast in 2023, but the inevitable external variables are completely changing the situation," Giorgetti said at an economic forum in Cernobbio, Italy."
Source (CNBC Arabic Website, Edited)
