Italy's growth continued in the second quarter but at a more moderate pace, driven by services. Inflation is persistent as expected, interest rates rise and loans fall.
Mixed signals are coming from consumption, while investments are growing even if they are little. In general, there is weakness on the Eurozone front, while industry is restarting in the US. China is slowing down, India is growing. The 2nd quarter of 2023 opened with some weak signs for Italy, after the good performance of GDP at the beginning of the year.