Italy’s economy experienced modest growth in the second quarter of 2026, with the country’s GDP rising by 0.2% compared to the previous quarter, according to recent data. This growth aligns with earlier estimates and reflects a 1.0% increase when compared year-on-year.
The slight economic expansion was largely driven by a 0.2% uptick in household and nonprofit consumption, coupled with a similar 0.2% rise in gross fixed investment. However, this growth was somewhat offset by the trade balance, as imports surged by 1.5% while exports increased by 1.0%, resulting in net foreign demand having a negative impact on the overall economic performance.
On the production front, the services sector demonstrated resilience, growing by 0.4% and helping to mitigate declines in other areas. The agriculture, forestry, and fishing sector saw a marginal decrease of 0.1%, while the industrial sector experienced a more significant contraction of 0.6%.
The domestic demand played a crucial role in supporting the economic growth during this period. The carry-over effect, which measures the impact of past economic activity on the current year’s GDP, was estimated at 0.8% for 2026, highlighting the momentum from previous quarters.