Economy
National accounts •
Istat: GDP stagnates in the third quarter of 2026
The statistics office has published its quarterly updates on gross domestic product: there was no change in national output between the second and third quarters (short-term data). On a year-on-year basis – the third quarter of 2026 compared with the third quarter of 2025 – growth stands at 0.8 per cent. Istat confirms that this will also be the growth figure for the year as a whole.
30 OCT 26
Last updated: 10:20 AM
Translated by AI
In the third quarter of 2026, gross domestic product (GDP), expressed in chained values with 2020 as the base year, adjusted for calendar effects and seasonally adjusted, remained unchanged compared with the previous quarter and showed a year-on-year increase of 0.8 per cent (2026 compared with 2025). This was reported by Istat in its preliminary data.
The third quarter of 2026 had four more working days than the previous quarter and one more than the third quarter of 2025. The zero quarter-on-quarter change reflects an increase in value added in the services and agriculture sectors and a decrease in the industrial sector. On the demand side, there is a positive contribution from the domestic component (excluding inventories) and a negative contribution from net external demand. “The preliminary 30-day estimate of GDP for the third quarter of the year,” comments Istat, “shows substantial stability compared with the previous quarter. In year-on-year terms, however, growth of 0.8 per cent is recorded, a slight slowdown compared with the +1.0 per cent of the previous quarter.” On the supply side, growth is estimated in the services and agriculture sectors and a decline in the industrial sector. On the demand side, there is a negative contribution from net external demand, offset by a positive contribution from domestic demand (gross of inventories).