Italy’s Business Lobby Sees Stronger Economic Growth, GDP up 6.1 Percent in 2021

Italy’s Business Lobby Sees Stronger Economic Growth, GDP up 6.1 Percent in 2021
People sit at outdoor tables in St. Mark's Square, Venice, Italy, on May 16, 2021. Manuel Silvestri/Reuters, File Photo
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ROME—Italy’s business lobby Confindustria said on Saturday the country’s growth this year would be more robust than expected, mainly due to a more contained impact of the COVID-19 Delta variant and stronger-than-expected economic indicators.

In a report, the association’s research unit CSC forecast gross domestic product (GDP) would rise 6.1 percent this year and 4.1 percent next year, going above pre-pandemic levels in the first half of 2022.