Winter Olympics support modest Italian growth in Q1
The Bank of Italy reports that the Winter Olympics supported modest Q1 growth. However, rising energy prices and global conflict pose risks to the outlook.
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Italy recorded modest economic growth during the first quarter of 2026, largely driven by the tourism surge associated with the Milano-Cortina Winter Olympics. According to the Bank of Italy’s latest quarterly bulletin, the economy maintained a moderate pace of expansion, supported by robust activity in the services sector, specifically those providing support to businesses.
