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Macro - Country Economic Forecasts - Italy

Publisher Oxford Economics
Published Aug 22, 2025
Length 8 Pages
SKU # OFE20418461

Description

We marginally revised our 2025 GDP growth forecast for Italy down to 0.6% from 0.7%, after the negative GDP print for Q3. We kept our 2026 forecast at 0.5%. We believe external conditions remain poor and uncertainty remains rather high despite the recent EU-US trade agreement.

Table of Contents

8 Pages
Italy: Second-quarter GDP prompts downgrade to 2025 forecast
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Risk warnings
What to watch out for
Exposure to key global risks
Long-term prospects
Alternative long-run scenarios
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Policy
Politics

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