AI Data Insight
Italy's seasonally adjusted real GDP in the first quarter of 2026 achieved a quarter-on-quarter growth rate of 0.2%, cooling slightly from the previous 0.3% but successfully beating the market expectation of 0.1%. This growth is mainly attributed to the net exports from tourism and services driven by the Winter Olympics, which offset the contraction in industry and agriculture. However, under the pressure of geopolitical tensions and energy inflation, domestic consumption remains sluggish, and the economic momentum in the coming months will face severe tests.