Bank of Italy: GDP forecast at +1 per cent in 2026, excluding adjustments for working days
+0.9 per cent on an adjusted basis; the Middle East crisis is having less of an impact than expected
(Il Sole 24 Ore Radiocor) - Bankitalia estimates that Italian GDP will grow by 0.9 per cent this year, 0.7 per cent next year and 0.8 per cent in 2028. In the Economic Bulletin published today, the Bank of Italy emphasises that “after adjusting for the number of working days, the increase would be 1 per cent, 0.7 per cent and 0.6 per cent”. Compared with the projections published in June, GDP growth has been revised upwards by 0.4 percentage points in 2026 and by 0.3 in 2027, and downwards by 0.1 points in 2028. The upward revision for 2026 reflects “primarily the fact that the impact of the Middle East crisis in the first two quarters of this year was less pronounced than forecast in June, as well as a favourable trend in investment linked to the digital and energy transitions and, in the summer quarter, in tourism”.
Cel-Bab
