Italy’s statistics institute, ISTAT, has forecasted a 0.6% GDP growth for 2025, aligning with the government’s previous projections. The report suggests resilience in the face of global trade challenges. For 2026, a slightly higher growth rate of 0.8% is anticipated. This outlook matches the revised estimates from Prime Minister Giorgia Meloni’s administration, which had earlier reduced its growth predictions in April. The consistency between ISTAT and the government indicates cautious optimism about Italy’s economic trajectory despite external pressures.
— new from Bloomberg.com
