Italy’s GDP to grow in Q1 2025

The Bank of Italy (the central bank) announced in its latest economic bulletin that the country’s GDP grew by 0.3% in the first quarter of 2025 compared to the previous quarter, driven by increased consumption and investment, as well as limited US demand.

The Italian news agency ANSAmed quoted a statement from the bank, which indicated positive indicators in the manufacturing sector, despite its continued exposure to international tensions. However, GDP growth slowed in the second quarter of the year.

GDP is expected to grow by 0.6% in 2025 and by approximately 0.8% in the following two years. However, the Bank of Italy noted that these forecasts are affected by significant concerns, particularly due to ongoing geopolitical and trade tensions.