Italy’s economy experienced a modest growth of 0.2% in the second quarter of 2026 compared to the previous quarter, according to confirmed estimates. This growth also reflects a 1.0% increase in GDP on a year-on-year basis. The rise in economic activity was primarily driven by a 0.2% increase in household and nonprofit consumption and a similar 0.2% growth in gross fixed investment.
During this period, Italy saw a significant 1.5% increase in imports, while exports grew by 1.0%. Despite domestic demand contributing positively to economic growth, net foreign demand negatively impacted the overall performance. On the production side, the services sector recorded a 0.4% increase, which helped counterbalance declines in other areas, such as agriculture, forestry, and fishing, which fell by 0.1%, and industry, which saw a 0.6% decrease.
The carry-over effect for Italy’s GDP growth in 2026 was estimated at 0.8%, highlighting the ongoing challenges and opportunities within the economy. This period of growth aligns with earlier projections and reflects the nuanced dynamics of domestic consumption and investment against the backdrop of international trade influences.