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Italy GDP Growth Picks Up
The Italian GDP expanded by 0.3% from the previous quarter in the final three months of 2025, confirming the preliminary estimate released earlier and slightly ahead of the initial market expectations of a 0.1% expansion. The economy was supported by gross fixed investment in the period (0.9%), with housing (7.1%) offsetting non-residential capital formation (-1.8%). In the meantime, household consumption (0.1%) and government expenditure (0.2%) were both slightly higher. Net foreign demand contributed negatively to the GDP growth as imports rose by 1% and exports contracted by 1.2%, reflecting the impact of trade disputes with the US started by the tariffs from Washington. The GDP expanded by 0.5% in the full year, slightly below the Bank of Italy's forecast of 0.6%.
Published on 2026-03-04

Italian GDP Expands More than Expected
The Italian gross domestic product expanded by 0.3% from the previous quarter in the final three months of 2025, according to a preliminary estimate. The growth rate was above market expectations of a softer 0.2% and the 0.1% from the previous quarter, indicating some fresh traction in the Italian economy. Output expanded broadly across all sectors of the economy, with sharper rates seen in agriculture and industry. On the demand front, domestic expenditure was sharply higher, offsetting a negative impact from net foreign demand due to tariff turbulences with the US. On the year, the estimate reflects a 0.7% expansion in 2025, ahead of the Bank of Italy's forecast of a 0.6% rise.
Published on 2026-01-30

Italian GDP Revised to Show Growth
The Italian gross domestic product expanded by 0.1% from the previous quarter on the three months to September of 2025, erasing the 0.1% contraction from the earlier period and revised higher from the preliminary estimate of a stall to meet the initial expectations by markets. Gross fixed investment expanded by 0.6%, as a 2.5% growth for plants and machinery offset a 1.4% contraction for residential construction. In the meantime, final domestic consumption inched 0.1% higher amid a 0.1% rise for private consumption and a 0.1% increase for government expenditure. In turn, net domestic demand contributed to a 0.5 percentage point increase in GDP growth as exports jumped 2.6% on the quarter and imports rose a softer 1.2%, aided by the reduction of aggressive tariffs from the United States during the period. The Italian GDP expanded by 0.6% annually in the third quarter and 0.5% in the first three quarters.
Published on 2025-11-28

Italian GDP Revised to Growth
The Italian gross domestic product expanded by 0.1% from the previous quarter on the three months to September of 2025, erasing the 0.1% contraction from the earlier period and revised higher from the preliminary estimate of a stall to meet the initial expectations by markets. Gross fixed investment expanded by 0.6%, as a 2.5% growth for plants and machinery offset a 1.4% contraction for residential construction. In the meantime, final domestic consumption inched 0.1% higher amid a 0.1% rise for private consumption and a 0.1% increase for government expenditure. In turn, net domestic demand contributed to a 0.5 percentage point increase in GDP growth as exports jumped 2.6% on the quarter and imports rose a softer 1.2%, aided by the reduction of aggressive tariffs from the United States during the period. The Italian GDP expanded by 0.6% annually in the third quarter and 0.5% in the first three quarters.
Published on 2025-11-28

Italian GDP Unexpectedly Stalls
The Italian gross domestic product remained unchanged compared to the previous quarter on the three months to September 2025, holding the 0.1% contraction from the second quarter and contracting with expectations of a 0.1% rebound, according to a preliminary estimate. Value added contracted for the industrial sector and stalled for services, underscoring the impact of uncertain trade with the US, and offsetting the slight increase for agriculture, forestry, and fishing. With the fresh results, Italy is on track for an annualized growth rate of 0.5% in the year, maintain the pace of growth from 2024 and slightly below the latest projections by the Bank of Italy. From the previous year, the Italian GDP expanded by 0.4% in the third quarter.
Published on 2025-10-30

Italian GDP Unexpectedly Stalls
The Italian gross domestic product remained unchanged compared to the previous quarter on the three months to September 2025, holding the 0.1% contraction from the second quarter and contracting with expectations of a 0.1% rebound, according to a preliminary estimate. Value added contracted for the industrial sector and stalled for services, underscoring the impact of uncertain trade with the US, and offsetting the slight increase for agriculture, forestry, and fishing. With the fresh results, Italy is on track for an annualized growth rate of 0.5% in the year, maintain the pace of growth from 2024 and slightly below the latest projections by the Bank of Italy. From the previous year, the Italian GDP expanded by 0.4% in the third quarter.
Published on 2025-10-30

Italy GDP Confirmed at Contraction in Q2
The Italian gross domestic product contracted by 0.1% from the previous quarter in the three months to June of 2025, trimming the 0.3% expansion and aligning with the first estimate to contrast sharply with the initial expectations of a 0.1% expansion. It was the first decline in the GDP since the second quarter of 2023, pressured by the negative contribution of net foreign demand as tariff threats from the US and volatile commodity prices pressured trade flows. Exports contracted by 1.7% as Italy is the economy with the second-largest dependency on the US for exports, while imports surged by 2.5%. In the meantime, household consumption stalled and government expenditure inched higher by 0.2%. In turn, gross fixed investment rose by 1%. From the previous year, the Italian GDP expanded by 0.4% in the second quarter.
Published on 2025-08-29

Italian GDP Unexpectedly Contracts
The Italian gross domestic product contracted by 0.1% from the previous quarter in the three months to June of 2025, trimming the 0.3% expansion from the first quarter and contrasting sharply with market expectations of a 0.2% expansion, according to a preliminary estimate. It was the first contraction since the second quarter of 2023, pressured by a negative contribution by net foreign demand as tariff threats from the US and volatile commodity prices pressured trade flows. In the meantime, the GDP expanded by 0.4% from the corresponding period of the previous year.
Published on 2025-07-30

Italian GDP Unexpectedly Contracts
The Italian gross domestic product contracted by 0.1% from the previous quarter in the three months to June of 2025, trimming the 0.3% expansion from the first quarter and contrasting sharply with market expectations of a 0.1% expansion, according to a preliminary estimate. It was the first contraction since the second quarter of 2023, pressured by a negative contribution by net foreign demand as tariff threats from the US and volatile commodity prices pressured trade flows. In the meantime, the GDP expanded by 0.4% from the corresponding period of the previous year.
Published on 2025-07-30

Italian GDP Unexpectedly Contracts
The Italian gross domestic product contracted by 0.2% from the previous quarter in the three months to June of 2025, trimming the 0.3% expansion from the first quarter and contrasting sharply with market expectations of a 0.2% expansion, according to a preliminary estimate. It was the first contraction since the second quarter of 2023, pressured by a negative contribution by net foreign demand as tariff threats from the US and volatile commodity prices pressured trade flows. In the meantime, the GDP expanded by 0.4% from the corresponding period of the previous year.
Published on 2025-07-30

Italian GDP Unexpectedly Contracts
The Italian gross domestic product contracted by 0.2% from the previous quarter in the three months to June of 2025, trimming the 0.3% expansion from the first quarter and contrasting sharply with market expectations of a 0.2% expansion, according to a preliminary estimate. It was the first contraction since the second quarter of 2023, pressured by a negative contribution by net foreign demand as tariff threats from the US and volatile commodity prices pressured trade flows. In the meantime, the GDP expanded by 0.4% from the corresponding period of the previous year.
Published on 2025-07-30

Italian GDP Growth Confirmed at 0.3%
The Italian gross domestic product expanded by 0.3% in the first quarter of 2025, accelerating from the 0.1% growth rate in the previous period and in line with the first estimate, thus remaining above the initial market expectations of a 0.2% growth rate. It was the sharpest pace of quarterly growth in one year, reflecting some traction for the Italian economy as lower interest rates and improved confidence on its traditionally risky debt, in relative terms, spurred investments. Gross fixed investment jumped by 1.4% with support from buildings and structures (1.6%) and machinery (0.6%). In turn, household consumption rose 0.6% and public expenditure jumped 0.7%. Still, net external demand contributed negatively to GDP growth as imports surged 4.3% and exports added a softer 0.8%.
Published on 2025-05-30

Italian GDP Grows More than Expected
The Italian gross domestic product expanded by 0.3% in the first quarter of the year, accelerating from the 0.1% growth rate from the earlier period and ahead of market expectations of a softer 0.2% expansion, according to a flash estimate. It was the sharpest pace of quarterly growth in one year, supported by a higher growth rate for the industrial sector and agriculture, making up for the broad stagnation for services. In annualized terms, the growth rate would reflect a 0.4% expansion in the Italian GDP in 2025, falling short of the forecasts of 0.6% by the Bank of Italy, which were already revised by taking the aggressive tariffs from the US into account.
Published on 2025-04-30

Italian Q4 GDP Revised Higher
The Italian gross domestic product edged higher by 0.1% from the previous quarter in the final three months of 2024, revised higher from earlier expectations of a stall and in line with the initial market estimates, to reflect some traction in domestic output following the stall in the third quarter. Fixed gross investment expanded by 0.4% to erase the 0.4% decline in the earlier period. Also, consumption rose by 0.1% after rising by 0.4% in the earlier period, lifted by private consumption (0.1%) as government expenditure remained unchanged. In the meantime, net foreign demand edged higher by 0.1%, trimming the 0.5% plunge in the previous quarter. From the previous year, the Italian GDP expanded by 0.6%.
Published on 2025-03-05

Italy GDP Stalls for 2nd Consecutive Quarter
Italy’s gross domestic product was unchanged from the previous quarter in the final three months of 2024, consistent with the stall in the previous quarter and contrasting slightly with market expectations of a 0.1% expansion, according to a preliminary report. The stall reflected a broad recovery in the Italian industrial sector, which was offset by weakness in the primary and services sector. The data would translate to an expansion of 0.5% for 2024, in line with expectations by the Italian statistical authority and the Bank of Italy, but missing forecasts of a 0.7% expansion by the European Commission. The Bank of Italy sees the Italian GDP accelerating to expand 0.8% in 2025 and 1.1% in 2026.
Published on 2025-01-30

Italy's GDP Confirmed Flat in Q3
Italy’s economy stalled quarter-on-quarter in the three months ending in September of 2024, slowing from the 0.2% advance in the June quarter, matching the preliminary estimate. It marked the first period without growth since the slight contraction in June of 2023, as the positive contribution from domestic demand was offset by weak net external demand. Final consumption expenditure increased by 1%, as household consumption rose 1.4% while government spending fell by 0.2%. Gross fixed capital formation shrank by 1.2%. Meanwhile, inventory accumulation contributed a positive 0.2 percentage points. On the external side, imports increased by 1.2% and exports fell by 0.9%. On an annual basis, the GDP rose by 0.4% in the third quarter, the slowest expansion since December 2020, also confirming the initial estimate.
Published on 2024-12-02

Italian GDP Unexpectedly Stalls
Italy’s gross domestic product stalled from the previous quarter in the three months ending in September of 2024, slowing from the 0.2% advance in the June quarter and missing market expectations of another 0.2% increase. It marked the first period without growth since the slight contraction in June of 2023, indicating some impact on the restrictive borrowing costs passed by the European Central Bank. The gross domestic product was negatively impacted by net foreign demand, which offset an increase in inventory levels. The development decreases the likelihood that Italy will achieve the government's goal of 1% growth this year, while also pressuring the government's goal of achieving a deficit of 3.8% this year, which is already below the EU's target of 3%. From the previous year, the Italian GDP expanded by 0.4% in the third quarter, the slowest since December of 2020.
Published on 2024-10-30

Italian GDP Growth Confirmed at 0.2% in Q2
Italy’s gross domestic product expanded by 0.2% from the previous quarter in the three months ending June of 2024, slowing slightly from the 0.3% growth rate in the first quarter of the year, aligning with preliminary estimates, the final reading showed. Gross fixed capital formation rose by 0.3% from the earlier period, with machinery (1.1%) and buildings (1.8%) growth offsetting a contraction for dwellings (-1.1%). Meanwhile, consumption remained unchanged in the second quarter, with household consumption edging up by 0.2%, while government spending fell by 0.5%. In addition, exports dropped by 1.5%, and imports decreased by 0.6%. On an annual basis, GDP rose by 0.9%, its strongest growth in five quarters, marking a notable acceleration from a 0.6% rise in the previous quarter. Looking ahead, the Treasury forecasts a 0.6% growth rate for 2024, consistent with predictions from most independent analysts.
Published on 2024-09-02

Italian GDP Growth Slows as Expected
Italy’s gross domestic product expanded by 0.2% from the previous quarter in the three months ending in June of 2024, moderating from the 0.3% expansion in the first quarter, and in line with market expectations of a 0.2% growth rate, according to a flash estimate. The domestic component of the GDP was positive for growth, led by a significant inventory build. On the other hand, net exports contributed negatively to the GDP. Annually, the Italian GDP expanded by 0.9% in the second quarter, picking up from the revised 0.6% expansion in the first quarter.
Published on 2024-07-30

Italian GDP Growth Confirmed at 0.3% in Q1
Italy’s gross domestic product expanded by 0.3% from the previous quarter in the three months ending March of 2024, accelerating from the 0.1% growth rate in the final quarter of 2023, aligning with the preliminary estimate and ahead of earlier market expectations of a 0.1% expansion. It underscored some traction in the Italian economy, aligning with similar developments in multiple Eurozone members as economies in the continent benefited from the gradual normalization of energy prices and adapted to higher interest rates by the ECB. Consumption grew by 0.2% in the first quarter, supported by a 0.3% rise in household consumption, while government spending edged 0.1% higher. In the meantime, gross fixed capital formation rose by 0.5% from the earlier period, with dwellings (1.5%) and buildings (2.2%) growth offsetting a contraction for machinery (-1.5%). In the meantime, net foreign demand contributed positively to the GDP as exports grew by 0.6% and imports sank by 1.7%.
Published on 2024-05-31