Italy's economy unexpectedly falls in second quarter
Italy's economy unexpectedly falls in second quarter
Published by Global Banking and Finance Review
Posted on July 30, 2025
Published by Global Banking and Finance Review
Posted on July 30, 2025
ROME (Reuters) -The Italian economy fell unexpectedly in the second quarter from the previous three months, preliminary data showed on Wednesday.
On a year-on-year basis, gross domestic product in the euro zone's third largest economy was up 0.4% in the second quarter, national statistics bureau ISTAT said.
A Reuters survey of 23 economists had forecast a 0.1% rise quarter-on-quarter and a 0.6% increase year-on-year.
ISTAT gave the following details on Italian GDP for the second quarter of 2025 and the last previous two quarters:
Q2 2025 Q1 2025 Q4 2024
Q/Q (pct change) -0.1p 0.3 0.2
Y/Y (pct change) 0.4p 0.7 0.6
p=preliminary
(Reporting by Antonella Cinelli, editing by Cristina Carlevaro)
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