Bank of Italy raised its 2021 growth forecast for the Italian economy to 6.2%. Its October projection suggested a 6% growth.
The Italian central bank also projects a growth of 4.0% for 2022, 2.5% for 2023, and 1.7% for 2024.
Meanwhile, Italy's inflation is seen at 1.9% in 2021, 2.8% in 2022, 1.5% in 2023, and 1.7% in 2024.