Confindustria warns of a slowdown ahead for the Italian economy in 2026

"Brake in sight", warns the Confindustria study center, with the monthly 'flash economic analysis' of the economy and forecasts. In Italy "2026 surprises on the upside but growth slows down at the end of the year", note the economists of Viale dell'Astronomia: "The persistence of the almost complete closure of Hormuz is keeping the price of oil and gas high, at the highest levels since the end of 2022 (but much lower than the 2022 average). Inflation is increasing and central banks are raising rates to stem it. This will slow down consumption and investments, even in Italy". While "the push of the Pnrr ends in the third quarter".

Meanwhile, we are moving towards the end of the year with "raised forecasts.

GDP growth in Italy in 2026 has been revised upwards by forecasters (to +0.8%) compared to April (+0.5%), thanks to the first two positive quarters. There are various reasons: the unexpected drop in global demand for oil (especially in China and Japan) which has lengthened the times of scarcity; the lower transfer of price increases to non-energy goods; the driving force of the Pnrr in the final stages".