We have raised our 2025 GDP growth forecast for Italy slightly to 0.5% and lowered our projection for 2026 by 0.2ppts to 0.5%. Momentum likely improved in Q1, but heightened trade uncertainty will make businesses reluctant to invest, so we envisage slower growth further ahead. We think the US will maintain a 10% blanket tariff on its imports from the European Union, making direct exports more expensive and lowering demand for Italian-produced inputs for other countries' US-bound exports.
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook