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Published by Global Banking & Finance Review®
Posted on April 9, 2026
1 min read
Italy to Revise GDP Growth Outlook Amid Temporary Economic Challenges
Italy’s Economic Growth Forecasts and Government Response
Current GDP Growth Expectations
ROME, April 9 (Reuters) – Italy expects slower GDP growth due to temporary factors, Economy Minister Giancarlo Giorgetti said on Thursday.
Parliamentary Update on Growth Estimates
Giorgetti told parliament Rome was preparing to cut its growth estimates although data did not indicate a structural deterioration in the Italian economy.
Potential Revisions to Growth Targets
Sources have told Reuters the government is considering cutting its estimate for this year’s growth to 0.5% or 0.6% from a current 0.7% target, and lowering next year’s outlook to 0.6% or 0.7% from 0.8%.
Factors Influencing the Downward Revision
“Downward revisions to growth forecasts are limited and are mainly attributable to external and temporary factors, primarily the energy crisis,” Giorgetti said.
Upcoming Government Actions
The Italian government is due this month to update its public finance and GDP growth estimates for 2026 and the following years.
(Reporting by Giuseppe Fonte, editing by Gavin Jones)
