Italy April GDP seen up 0.3% mth/mth, up 1.3% yr/yr - Confcommercio
(Il Sole 24 Ore Radiocor) - Milano, 20 apr - Italy's gross domestic product (GDP) in April is projected to rise by 0.3% on a monthly basis and by 1.3% year on year, making for the highest annual growth rate since the start of 2026, according to the research arm of Italian retailers' association Confcommercio.
In the first quarter, Italy's GDP rose by 0.3% quarter on quarter and by 0.8% versus the first quarter of 2025.
According to Confcommercio's research arm, the Italian economy began 2026 with "encouraging momentum" despites "signs of a slowdown in the job market and the now structural fragility of industry." In March, Italian household consumption rose by an annual 1.2%, reflecting a 1.5% increase in spending for goods and a 0.9% rise in spending for services. For the first quarter as.
a whole, household consumption in Italy increased by 1.0%.
(RADIOCOR) 20-04-26 13:06:16 (0306) 5 NNNN