The OECD has published today the Interim Report of the Economic Outlook, updating the economic forecasts of last May. The global economy has shown resilience in the first half of 2024, with growth accompanied by a continued decline in inflation and an easing of the rigidity of the labor market, trends that should continue in 2025.
For Italy, the growth forecast for 2024 stands at 0.8%, revised upwards compared to the forecasts of last May.
For most member countries, according to the OECD, the conditions are ripe for proceeding cautiously with monetary easing while it seems necessary to recover space in fiscal policy, keeping public spending under control and increasing revenues. The OECD also suggests strengthening competition, reducing barriers to economic activity, to support growth. Here you can download the text of the Interim Economic Outlook
