Business
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Record 24.3 Million in Employment in Italy – Istat
Rome: The number of people in employment in Italy in May rose to 24.3 million, the highest level on record…
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Consob Approves MPS Takeover Bid on Mediobanca, Starting July 14
Rome: Bourse regulator Consob on Wednesday approved the offer document relating to the public exchange offer of Monte dei Paschi…
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Stellantis Sales Drop 32.9% in Italy in June
Rome: The Stellantis group experienced a significant decline in car sales in Italy for the month of June, selling 32,437…
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Italian Inflation Rate Increases to 1.7% in June
Rome: Italy’s annual inflation rate rose to 1.7% this month from 1.6% in May, according to a preliminary estimate released…
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Italian Families’ Purchasing Power Rises in Early 2025
Rome: Italian families’ purchasing power increased by 0.9% in the first quarter of 2025 with respect to the previous three…
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Italy’s Q1 Tax Burden Increases to 37.3%
Rome: Italy’s tax burden reached 37.3% of GDP in the first quarter of this year, marking an increase of 0.5…
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Italy’s Public Deficit Reaches 8.5% of GDP in First Quarter
Rome: Italy’s public deficit for the first quarter stood at 8.5% of GDP, as reported by the national statistics agency…
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Consumer Confidence Declines in June While Business Confidence Sees an Uptick
Rome: In June 2025, consumer confidence will drop again from 96.5 to 96.1, while the composite index of business confidence…
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Q2 GDP Set to Slow to 0.1% Says Prometeia
Rome: Italian GDP growth is set to slow to 0.1% in the second quarter, the Prometeia think tank said Friday.…
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Industrial Turnover Sees 1.6% Rise in April, Services Sector Grows by 0.4%
Rome: In April 2025, industrial turnover, net of seasonal factors, experienced a cyclical increase of 1.5% in value and 1.6%…
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