Italy's GDP to grow 0.5% in 2026 with price shock weighing on economy - OECD
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Italy's GDP is set to rise by only 0.5% this year with the energy-price shock triggered by the Iran war weighing on household consumption, investment and exports, the OECD said in its latest economic outlook report on Wednesday. It added that an upswing in inflation caused by the surge in energy prices will reverse recent gains in real wages. The Paris-based organization said Italy was exposed to the conflict in the Middle East because of a high share of its energy comes from imported
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