Italy's Economic Growth Highlights

In a promising sign of economic resilience, Italy's Gross Domestic Product (GDP) experienced a 0.6% increase in the first quarter of 2025 compared to the same period last year, as reported by the National Institute of Statistics (Istat). This growth marks a 0.3% rise from the previous quarter, showcasing a steady recovery trajectory.

Sector-Wise Performance

The agriculture, forestry, and fishing sector, along with the industry sector, saw an uptick in added value. Meanwhile, the services sector remained stagnant, indicating a mixed performance across different segments of the economy.

Demand Dynamics

Domestic demand, excluding inventories, played a positive role in this growth. However, the net exports component had a slightly negative impact, highlighting the challenges in the external trade environment.

"The preliminary estimate for Q1 2025 underscores growth in primary and industrial sectors, with services maintaining stability. Domestic demand is on the rise, whereas the net foreign component shows a minor decline," Istat elaborated.