Finance

Italy sees trend growth at 0.5% this year, 0.7% in 2026

Published by Global Banking & Finance Review

Posted on September 23, 2025

1 min read

· Last updated: January 21, 2026

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Italy sees trend growth at 0.5% this year, 0.7% in 2026
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ROME (Reuters) -Giorgia Meloni's government expects Italy's economy to grow by 0.5% this year and 0.7% in 2026 under an unchanged policy scenario, people close to the matter told Reuters ahead of

Italy's Economic Growth Projected at 0.5% for 2023 and 0.7% for 2026

ROME (Reuters) -Giorgia Meloni's government expects Italy's economy to grow by 0.5% this year and 0.7% in 2026 under an unchanged policy scenario, people close to the matter told Reuters ahead of official publication of the new forecasts next week.

The forecasts, still subject to possible marginal changes before their publication, do not include the impact of stimulus measures the government intends to adopt in the next few weeks as part of its 2026 budget package, the people said.

Economy Minister Giancarlo Giorgetti said this month Rome would maintain its current official targets for gross domestic product growth of 0.6% this year and 0.8% in 2026, in the upcoming budget plan.

Giorgetti also said Italy could cut its budget deficit below the European Union's 3% of GDP ceiling this year, 12 months ahead of schedule.

(Reporting by Giuseppe Fonte, editing by Gavin Jones)

Key Takeaways

  • Italy's GDP is expected to grow by 0.5% in 2023.
  • Growth forecast for 2026 is set at 0.7%.
  • Current targets do not include upcoming stimulus measures.
  • Italy aims to reduce budget deficit below 3% of GDP this year.
  • Official forecasts to be published next week.

Frequently Asked Questions

What is Italy's projected economic growth for this year?
Italy's economy is expected to grow by 0.5% this year according to the government's forecasts.
What are the growth targets set by the Economy Minister?
Economy Minister Giancarlo Giorgetti stated that the official targets for GDP growth are 0.6% for this year and 0.8% for 2026.
Is Italy planning to reduce its budget deficit?
Yes, Giorgetti mentioned that Italy could cut its budget deficit below the European Union's 3% of GDP ceiling this year, a year ahead of schedule.

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