Italy's second-quarter growth confirmed at 0.2% after data revision
Istat kept its earlier estimates of quarterly and annual growth after aligning the quarterly figures with its revised annual national accounts.
AI illustrationItaly's gross domestic product grew by 0.2% in the second quarter of 2026 from the previous quarter and by 1.0% from the second quarter of 2025, according to estimates published by the national statistics institute Istat.
The new estimate confirms the quarterly and annual changes that Istat reported on 1 September 2026. The quarterly estimates are now consistent with the ordinary revision of the annual national accounts, which the institute published on 22 September 2026. GDP is measured in chain-linked volumes with 2020 as the reference year, adjusted for calendar effects and seasonally adjusted.
The carry-over effect for 2026, adjusted for calendar effects, stands at 0.8%, the same figure Istat released on 1 September.
On the demand side, final national consumption and gross fixed capital formation each rose by 0.2% from the previous quarter. Imports increased by 1.5% and exports by 1.0%. Domestic demand net of inventories added 0.2 percentage points to growth, all of it from the final consumption spending of households and non-profit institutions serving households. Changes in inventories added 0.1 percentage points, which a negative contribution of the same size from net foreign demand offset.
On the supply side, value added fell from the previous quarter by 0.1% in agriculture, forestry and fishing and by 0.6% in industry, while services grew by 0.4%.
The second quarter had the same number of working days as the previous quarter and one more than the second quarter of 2025.