Italy GDP now seen up 0.4% in 2025, up 0.8% in 2026 - EU Commission
(Il Sole 24 Ore Radiocor) - Milano, 17 nov - Italy's gross domestic product (GDP) is now expected to rise by just 0.4% in 2025 and by 0.8% in 2026, according to the European Commission's autumn forecasts.
In its last forecasts in May, the European Commission had forecast Italian GDP growth of 0.7% in 2025 and 0.9% in 2026.
In 2027, Italian GDP is forecast to rise by 0.8%, the European Commission said.
Inflation in Italy is seen rising from 1.1% in 2024 to 1.7% this year before settling at 1.3% in 2026. The country's inflation rate is forecast to resume growth in 2027, reaching 2.0%.
Italian unemployment is projected to fall from 6.5% in 2024 to 6.2% this year, 6.1% in 2026 and 6.0% in 2027, the new forecasts showed.
Italy's deficit-to-GDP ratio is projected to fall from 3.4% in 2024 to 3.0% this year, below the European Commission's previous forecast of a 2025 deficit at 3.3% of GDP. The deficit-to-GDP ratio is forecast to fall to 2.8% in 2026 and to 2.6% in 2027. Italy's debt-to-GDP ratio is instead seen rising from 134.9% in 2024 to 136.4% this year and 137.9% in 2026 before edging.
down to 137.2% in 2027.
(RADIOCOR) 17-11-25 11:53:29 (0279) 5 NNNN