Rome, July 11 (LaPresse) – Italy's GDP grew by 0.3% in the first quarter compared to the previous period, driven by increased consumption and investment, and to a lesser extent, U.S. demand. After a prolonged decline since 2022, signs of recovery have emerged in manufacturing, though the sector remains vulnerable to global instability, according to the Bank of Italy’s Economic Bulletin. Bankitalia notes a slowdown in output in the second quarter, confirming growth forecasts of 0.6% in 2025 and around 0.8% on average over the following two years. The outlook remains highly uncertain due to geopolitical and trade tensions. Weak household consumption and investment spending, driven by low confidence and high uncertainty, have been accompanied by weakening foreign demand. Activity increased in both industry and services.
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