Skip to main content

Why is Italy in recession?

The recession in Italy last year appears to have been due to a combination of (temporary) disruption in the car sector and a (perhaps less temporary) decline in confidence among consumers and firms. The risks to our below-consensus forecast that Italy’s GDP will flat-line this year lie to the downside.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.

By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.