Italy's GDP growth slows below target

Italy's GDP growth slows below target

Business

Italy's GDP grew by 0.7% last year, Istat said.

The figure is below the estimate of 1% given in the government's Budgetary Structural Plan (BSP), CE Report quotes ANSA.

The National Statistics Agency said Italy's GDP at market prices amounted to 2,192,182 million euros in 2024.

Istat said Italy's deficit-to-GDP ratio was 3.4% last year, down from 7.2% in 2023, and better than the forecast of 3.8% given in the BSP.

Tags

Related articles

Fuel and Power Prices Fall
Fuel and electricity prices are falling, according to the latest data from the Greek Ministry of Development (April 11).
Food Prices Up Before Easter
In the week leading up to Easter, wholesale food prices in Bulgaria saw a modest increase, according to data from the State Commission for Commodity Exchanges and Wholesale Markets.
Fuel Prices Hit New Lows in Moldova
Fuel prices in Moldova continue to decline, with diesel reaching a historic low of 18.40 lei per liter — a level last seen in January 2022, before the war in Ukraine and the European energy crisis.
Unemployment Falls in March
Greece’s registered unemployment fell to 926,041 in March 2025, marking a 5.2% decrease compared to March 2024 and a 3.6% drop from February 2025, according to the Public Employment Service (DYPA).
Trump, Meloni Push for Trade Deal
President Donald Trump and Italian Prime Minister Giorgia Meloni expressed optimism Thursday about the prospects of a US-EU trade deal, as global tariff tensions continue to rise.