Energy-price shock to weigh on Italian growth for next two years - OECD

(ANSA) - ROME, APR 23 - The energy price shock sparked by the Iran war is set to hold back Italy's growth for the next two years, the OECD argued in a new report on Thursday, saying it has cut its forecast rise in its GDP to 0.4% this year and 0.6% in 2027. "The global surge in energy prices in 2026 is expected to weigh on growth over the next two years," the Paris-based organization said in its latest economic survey of Italy. "Weaker growth in household consumption, production and investmen...

By ANSA