Italy’s GDP Picks Up in Q1 2025

Italy’s GDP Picks Up in Q1 2025

Business

Italian Economy Shows Signs of Growth in Early 2025, Says Bank of Italy Official, CE Report quotes ANSA.

"According to our estimates, GDP likely increased again in the first quarter of 2025. Value added has resumed growth in the services sector and slightly increased in manufacturing; it also continued to rise in construction, driven by the non-residential segment."

This was stated by Andrea Brandolini, Deputy Head of the Economics and Statistics Department at the Bank of Italy, during a hearing on the Public Finance Document.

He recalled that Italy’s GDP grew marginally in the final quarter of last year (0.1%), following stagnation during the summer months.

Tags

Related articles

Bulgaria Reports Q1 Budget Deficit
Bulgaria’s revenues under the Consolidated Fiscal Programme reached BGN 16.83 billion in the first quarter of 2025, or 18.6% of the annual target, the Finance Ministry reported.
Ficosota Invests BGN 255M in Growth
In an interview with BTA, Krasen Kyurkchiev, CEO of Ficosota Food, revealed that the Bulgarian FMCG company has invested over BGN 255 million in the past decade to ensure long-term, sustainable growth.
Greece Sets Tax Filing Record
Nearly 46.5% of Greek income tax statements for the 2024 tax year have been filed just 43 days into the 119-day season, the Independent Authority for Public Revenue (AADE) reported—a record pace.
Business Energy Aid Starts May 12
The electricity subsidy application platform for businesses will open on May 12, Environment and Energy Minister Stavros Papastavrou announced in an interview with ANT1 TV.
Borshosh Backs Tourism in Northwest Bulgaria
Tourism Minister Miroslav Borshosh visited the Chiprovtsi Carpet Festival on Saturday, where he met with Mayor Plamen Petkov and spoke with local artisans and traditional carpet weavers.
Eurozone Inflation Steady at 2.2%
Eurozone annual inflation is projected to remain steady at 2.2% in April 2025, unchanged from March, according to a preliminary estimate by Eurostat. Services saw the highest price increase at 3.9%, up from 3.5% in March, followed by food, alcohol, and tobacco at 3.0%. Energy prices continued to decline, dropping by 3.5%.
Apple Tops Q2 Forecasts
Apple posted strong results for its fiscal second quarter ending March 29, 2025, with revenue rising 5% year-on-year to $95.4 billion and net profit increasing to $24.8 billion, up from $23.6 billion a year earlier.