The number of unemployed persons in Italy decreased to 2132.02 Thousand in March of 2020 from 2398.93 Thousand in February of 2020. Unemployed Persons in Italy averaged 2369.59 Thousand from 2004 until 2020, reaching an all time high of 3348.15 Thousand in November of 2014 and a record low of 1410.15 Thousand in April of 2007. In Italy, unemployed persons are individuals who are without a job and actively seeking to work. This page provides the latest reported value for - Italy Unemployed Persons - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The number of employed persons in Italy decreased to 23234.17 Thousand in March of 2020 from 23261.50 Thousand in February of 2020. Employed Persons in Italy averaged 22707.66 Thousand from 2004 until 2020, reaching an all time high of 23425.39 Thousand in June of 2019 and a record low of 22106.07 Thousand in September of 2013. In Italy, employed persons are individuals with a minimum required age who work during a certain time for a business. This page provides the latest reported value for - Italy Employed Persons - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Youth Unemployment Rate in Italy decreased to 28 percent in March from 29.20 percent in February of 2020. Youth Unemployment Rate in Italy averaged 28.88 percent from 1983 until 2020, reaching an all time high of 43.50 percent in July of 2014 and a record low of 19.40 percent in February of 2007. This page provides the latest reported value for - Italy Youth Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Employment Rate in Italy decreased to 58.80 percent in March from 58.90 percent in February of 2020. Employment Rate in Italy averaged 57.43 percent from 2004 until 2020, reaching an all time high of 59.20 percent in June of 2019 and a record low of 55.30 percent in September of 2013. In Italy, the employment rate measures the number of people who have a job as a percentage of the working age population. This page provides - Italy Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Consumer Price Index in Italy increased 0.10 percent in April of 2020 over the previous month. Inflation Rate Mom in Italy averaged 0.44 percent from 1957 until 2020, reaching an all time high of 3.50 percent in January of 1980 and a record low of -2.40 percent in November of 1958. In Italy, the most important categories in the Consumer Price Index are: food and non-alcoholic beverages (16 percent of total weight); transport (15 percent); restaurants and hotels (12 percent); housing, water, electricity and other fuels (10 percent); and miscellaneous goods and services (10 percent). The index also includes: health (9 percent); recreation and culture (8 percent); clothing and footwear (7 percent); and furnishing and household equipment (7 percent). Alcoholic beverages, tobacco, communication and education contribute with the remaining 6 percent. This page provides the latest reported value for - Italy Inflation Rate MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The inflation rate in Italy was recorded at 0 percent in April of 2020. Inflation Rate in Italy averaged 5.90 percent from 1962 until 2020, reaching an all time high of 25.64 percent in November of 1974 and a record low of -0.60 percent in January of 2015. In Italy, the most important categories in the Consumer Price Index are: food and non-alcoholic beverages (16 percent of total weight); transport (15 percent); restaurants and hotels (12 percent); housing, water, electricity and other fuels (10 percent); and miscellaneous goods and services (10 percent). The index also includes: health (9 percent); recreation and culture (8 percent); clothing and footwear (7 percent); and furnishing and household equipment (7 percent). Alcoholic beverages, tobacco, communication and education contribute with the remaining 6 percent. This page provides the latest reported value for - Italy Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Harmonised Consumer Prices in Italy increased to 104.10 points in April from 103.60 points in March of 2020. Harmonised Consumer Prices in Italy averaged 87.82 points from 1996 until 2020, reaching an all time high of 104.20 points in June of 2019 and a record low of 67.50 points in January of 1996. The Harmonised Index of Consumer Prices (HICP) is an indicator of inflation and price stability for the European Central Bank (ECB). The HICP is compiled by Eurostat and the national statistical institutes in accordance with harmonised statistical methods. The ECB aims to maintain annual inflation rates as measured by the HICP below, but close to, 2% over the medium term. This page provides the latest reported value for - Italy Harmonised Consumer Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Unemployment Rate in Italy decreased to 8.40 percent in March from 9.30 percent in February of 2020. Unemployment Rate in Italy averaged 9.47 percent from 1983 until 2020, reaching an all time high of 13.10 percent in November of 2014 and a record low of 5.80 percent in April of 2007. In Italy, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides the latest reported value for - Italy Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Labor Force Participation Rate in Italy decreased to 64.30 percent in March from 65.10 percent in February of 2020. Labor Force Participation Rate in Italy averaged 63.51 percent from 2004 until 2020, reaching an all time high of 66 percent in March of 2019 and a record low of 61.60 percent in August of 2010. The labour force participation rates is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population. This page provides the latest reported value for - Italy Labor Force Participation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in Italy contracted 4.70 percent in the first quarter of 2020 over the previous quarter. GDP Growth Rate in Italy averaged 0.56 percent from 1960 until 2020, reaching an all time high of 6 percent in the first quarter of 1970 and a record low of -4.70 percent in the first quarter of 2020. Italy is the ninth largest economy in the world and the third largest in the Euro Zone. The country has a diversified industrial base driven in large part by manufacturing of high-quality consumer goods. Composition of the GDP on the expenditure side: household consumption (61 percent), government expenditure (19 percent) and gross fixed capital formation (17 percent). Exports of goods and services account for 30 percent of GDP while imports for 27 percent, adding 3 percent to total GDP. This page provides - Italy GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Italy contracted 4.80 percent in the first quarter of 2020 over the same quarter of the previous year. GDP Annual Growth Rate in Italy averaged 2.35 percent from 1961 until 2020, reaching an all time high of 10.30 percent in the fourth quarter of 1961 and a record low of -7.20 percent in the first quarter of 2009. Italy is the second largest manufacturing economy in Europe and the third largest economy in the Euro Area. Composition of the GDP on the expenditure side: household consumption (61 percent), government expenditure (19 percent) and gross fixed capital formation (17 percent). Exports of goods and services account for 30 percent of GDP while imports for 27 percent, adding 3 percent to total GDP. This page provides the latest reported value for - Italy GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

CPI Housing Utilities in Italy decreased to 99.30 points in April from 103.20 points in March of 2020. CPI Housing Utilities in Italy averaged 82.75 points from 1996 until 2020, reaching an all time high of 106.30 points in January of 2019 and a record low of 56.90 points in July of 1996. This page provides - Italy Cpi Housing & Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Price Index CPI in Italy increased to 103 points in April from 102.90 points in March of 2020. Consumer Price Index CPI in Italy averaged 47.74 points from 1957 until 2020, reaching an all time high of 103.50 points in August of 2019 and a record low of 3.60 points in February of 1957. In Italy, the most important categories in the Consumer Price Index are: food and non-alcoholic beverages (16 percent of total weight); transport (15 percent); restaurants and hotels (12 percent); housing, water, electricity and other fuels (10 percent); and miscellaneous goods and services (10 percent). The index also includes: health (9 percent); recreation and culture (8 percent); clothing and footwear (7 percent); and furnishing and household equipment (7 percent). Alcoholic beverages, tobacco, communication and education contribute with the remaining 6 percent. This page provides the latest reported value for - Italy Consumer Price Index (CPI) - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The transportation sub-index of the CPI basket in Italy decreased to 103.70 points in April of 2020 from 104.10 points in March of 2020. CPI Transportation in Italy averaged 85.10 points from 1996 until 2020, reaching an all time high of 109.50 points in August of 2019 and a record low of 61.90 points in January of 1996. This page provides - Italy Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Wages in Manufacturing in Italy remained unchanged at 102.90 points in March from 102.90 points in February of 2020. Wages in Manufacturing in Italy averaged 56.67 points from 1967 until 2020, reaching an all time high of 113.70 points in October of 2018 and a record low of 2.20 points in February of 1967. This page provides - Italy Hourly Wages Index in Industry - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M3 in Italy increased to 1674113 EUR Million in March from 1658393 EUR Million in February of 2020. Money Supply M3 in Italy averaged 797482.99 EUR Million from 1980 until 2020, reaching an all time high of 1674113 EUR Million in March of 2020 and a record low of 132635 EUR Million in February of 1980. Italy Money Supply M3 includes M2 plus long-term time deposits in banks. This page provides the latest reported value for - Italy Money Supply M3 - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Core Consumer Prices in Italy increased to 103.20 points in April from 102.60 points in March of 2020. Core Consumer Prices in Italy averaged 88.79 points from 1996 until 2020, reaching an all time high of 103.40 points in August of 2019 and a record low of 69.10 points in January of 1996. This page provides the latest reported value for - Italy Core Consumer Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

GDP Constant Prices in Italy decreased to 409810.20 EUR Million in the first quarter of 2020 from 430058.50 EUR Million in the fourth quarter of 2019. GDP Constant Prices in Italy averaged 399786.03 EUR Million from 1991 until 2020, reaching an all time high of 452802.50 EUR Million in the first quarter of 2008 and a record low of 294839.30 EUR Million in the third quarter of 1993. This page provides - Italy GDP Constant Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Wages in Italy increased 0.70 percent in March of 2020 over the same month in the previous year. Wage Growth in Italy averaged 3.92 percent from 1983 until 2020, reaching an all time high of 15.80 percent in July of 1983 and a record low of 0.30 percent in February of 2017. In Italy, wage growth refers to yearly changes in the hourly wage index. It shows the evolution of contractual hourly wages and salaries, set by collective labour agreements. This page provides the latest reported value for - Italy Hourly Wage Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Households Debt in Italy decreased to 40.50 percent of GDP in the fourth quarter of 2019 from 41.30 percent of GDP in the third quarter of 2019. Households Debt To GDP in Italy averaged 22.90 percent of GDP from 1960 until 2019, reaching an all time high of 43.70 percent of GDP in the fourth quarter of 2012 and a record low of 8.20 percent of GDP in the fourth quarter of 1960. This page provides - Italy Households Debt To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Manufacturing PMI in Italy decreased to 31.10 points in April from 40.30 points in March of 2020. Manufacturing PMI in Italy averaged 51.60 points from 2012 until 2020, reaching an all time high of 59 points in January of 2018 and a record low of 31.10 points in April of 2020. In Italy, the Markit Italy Manufacturing Purchasing Managers’ Index measures the performance of the manufacturing sector and is derived from a survey of 400 industrial companies. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This page provides the latest reported value for - Italy Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Services PMI in Italy decreased to 10.80 points in April from 17.40 points in March of 2020. Services PMI in Italy averaged 49.73 points from 2011 until 2020, reaching an all time high of 57.70 points in January of 2018 and a record low of 10.80 points in April of 2020. Markit/ADACI Italy Services PMI (Purchasing Managers' Index) is based on data collected from a representative panel of around 400 companies based in the Italian service sector. The index tracks variables such as sales, employment, inventories and prices. A reading above 50 indicates that the services sector is generally expanding; below 50 indicates that it is generally declining. This page provides the latest reported value for - Italy Services PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Construction Pmi in Italy decreased to 15.90 points in March from 50.50 points in February of 2020. Construction Pmi in Italy averaged 47.87 points from 2013 until 2020, reaching an all time high of 55.90 points in October of 2018 and a record low of 15.90 points in March of 2020. Survey responses reflect the change, if any, in the current month compared to the previous month based on data collected mid-month. For each of the indicators the ‘Report' shows the percentage reporting each response, the net difference between the number of higher/better responses and lower/worse responses, and the ‘diffusion' index. This index is the sum of the positive responses plus a half of those responding ‘the same'. Diffusion indexes have the properties of leading indicators and are convenient summary measures showing the prevailing direction of change. An index reading above 50 indicates an overall increase in that variable, below 50 an overall decrease. This page provides - Italy Construction Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Retail Sales in Italy decreased 18.40 percent in March of 2020 over the same month in the previous year. Retail Sales YoY in Italy averaged 6.23 percent from 1972 until 2020, reaching an all time high of 90.20 percent in December of 1973 and a record low of -40.90 percent in June of 1986. In Italy, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago. This page provides - Italy Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Retail Sales in Italy decreased 20.50 percent in March of 2020 over the previous month. Retail Sales MoM in Italy averaged -0.01 percent from 1996 until 2020, reaching an all time high of 2.10 percent in January of 2017 and a record low of -20.50 percent in March of 2020. In Italy, the Retail sales report provides an aggregated measure of sales of retail goods and services over a specific time period. In Italy, Retail sales are seasonal, volatile and relatively important to the overall economy. This page provides the latest reported value for - Italy Retail Sales MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Italy 2 Year Bond Yield was 0.64 percent on Friday May 8, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the Italy 24 Month CTZ Yield reached an all time high of 7.98 in November of 2011.

Italy 3 Year Bond Yield was 0.82 percent on Friday May 8, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the Italy 3 Year BTP Yield reached an all time high of 8.16 in November of 2011.

Italy 30 Year Bond Yield was 2.63 percent on Friday May 8, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the Italy 30 Year BTP Yield reached an all time high of 7.83 in November of 2011.

Italy 5 Year Bond Yield was 1.33 percent on Friday May 8, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the Italy 5 Year BTP Yield reached an all time high of 8.09 in November of 2011.

Italy 1 Year Bond Yield was 0.25 percent on Friday May 8, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the Italy 12 Month BOT Yield reached an all time high of 11.73 in November of 2011.

Italy 6 Month Bond Yield was 0.06 percent on Friday May 8, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the Italy 6 Month BOT Yield reached an all time high of 98.49 in July of 2011.

Italy 7 Year Bond Yield was 1.51 percent on Friday May 8, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the Italy 7 Year BTP Yield reached an all time high of 8.03 in November of 2011.

Foreign Exchange Reserves in Italy increased to 175716.40 EUR Million in April from 166565.30 EUR Million in March of 2020. Foreign Exchange Reserves in Italy averaged 91358.45 EUR Million from 1999 until 2020, reaching an all time high of 175716.40 EUR Million in April of 2020 and a record low of 39776.80 EUR Million in July of 1999. In Italy, Foreign Exchange Reserves are the foreign assets held or controlled by the country central bank. The reserves are made of gold or a specific currency. They can also be special drawing rights and marketable securities denominated in foreign currencies like treasury bills, government bonds, corporate bonds and equities and foreign currency loans. This page provides - Italy Foreign Exchange Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Car Registrations in Italy decreased to 4279 in April from 28326 in March of 2020. Car Registrations in Italy averaged 168025.07 from 1990 until 2020, reaching an all time high of 310337 in January of 1990 and a record low of 4279 in April of 2020. This page provides - Italy Car Registrations - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Bank Lending Rate in Italy decreased to 1.68 percent in March from 1.82 percent in February of 2020. Bank Lending Rate in Italy averaged 3.68 percent from 2003 until 2020, reaching an all time high of 6.48 percent in October of 2008 and a record low of 1.68 percent in March of 2020. In Italy, the bank lending rate is the average rate of interest charged on loans by commercial banks to private individuals and companies. This page provides - Italy Bank Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Standard & Poor's credit rating for Italy stands at BBB with negative outlook. Moody's credit rating for Italy was last set at Baa3 with stable outlook. Fitch's credit rating for Italy was last reported at BBB- with stable outlook. DBRS's credit rating for Italy is BBB (high) with stable outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Italy thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Italy as reported by major credit rating agencies.

Composite Pmi in Italy decreased to 10.90 points in April from 20.20 points in March of 2020. Composite Pmi in Italy averaged 51.48 points from 2013 until 2020, reaching an all time high of 59 points in January of 2018 and a record low of 10.90 points in April of 2020. The Italy Composite PMI is a weighted average of the Manufacturing Output Index and the Services Business Activity Index. Survey responses reflect the change, if any, in the current month compared to the previous month based on data collected mid-month. For each of the indicators the ‘Report' shows the percentage reporting each response, the net difference between the number of higher/better responses and lower/worse responses, and the ‘diffusion' index. This index is the sum of the positive responses plus a half of those responding ‘the same'. A reading above 50 indicates that the services sector is generally expanding; below 50 indicates that it is generally declining. This page provides - Italy Composite Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Italy recorded 217185 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). In addition, Italy reported 30201 Coronavirus Deaths. This page includes a chart with historical data for Italy Coronavirus Cases.

Italy recorded 30201 Coronavirus Deaths since the epidemic began, according to the World Health Organization (WHO). In addition, Italy reported 217185 Coronavirus Cases. This page includes a chart with historical data for Italy Coronavirus Deaths.

Italy recorded 99023 Coronavirus Recovered since the epidemic began, according to the World Health Organization (WHO). In addition, Italy reported 30201 Coronavirus Deaths. This page includes a chart with historical data for Italy Coronavirus Recovered.

Exports to Italy in New Zealand decreased to 25.02 NZD Million in March from 35.81 NZD Million in February of 2020. Exports to Italy in New Zealand averaged 29.78 NZD Million from 2014 until 2020, reaching an all time high of 47.93 NZD Million in May of 2016 and a record low of 10.36 NZD Million in June of 2019. This page includes a chart with historical data for New Zealand Exports to Italy.

Central Bank Balance Sheet in Italy increased to 1073194.50 EUR Million in March from 1014504.20 EUR Million in February of 2020. Central Bank Balance Sheet in Italy averaged 429346.56 EUR Million from 1999 until 2020, reaching an all time high of 1073194.50 EUR Million in March of 2020 and a record low of 146808.50 EUR Million in December of 2003. This page provides the latest reported value for - Italy Central Bank Balance Sheet - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Factory Orders in Italy decreased 4.40 percent in February of 2020 over the previous month. Factory Orders in Italy averaged 0.22 percent from 1990 until 2020, reaching an all time high of 14.40 percent in August of 1994 and a record low of -12.40 percent in November of 2008. Industrial orders measure the month over month change in orders received by industrial enterprises from domestic and foreign clients. . This page provides the latest reported value for - Italy Industrial New Orders - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The stocks of goods held by firms in Italy decreased by 2553.90 EUR Million in the fourth quarter of 2019. Changes in Inventories in Italy averaged 785.56 EUR Million from 1991 until 2019, reaching an all time high of 4997.70 EUR Million in the fourth quarter of 2010 and a record low of -4108.30 EUR Million in the fourth quarter of 2012. In Italy, changes in inventories are often a leading indicator for the overall performance of the economy. This page provides - Italy Changes in Inventories - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Interbank Rate in Italy increased to -0.25 percent in April from -0.42 percent in March of 2020. Interbank Rate in Italy averaged 6.95 percent from 1960 until 2020, reaching an all time high of 20.51 percent in May of 1982 and a record low of -0.42 percent in September of 2019. In Italy, the interbank rate is the rate of interest charged on short-term loans made between banks. This page provides - Italy Rate on Three Month Deposits - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cost of food in Italy increased 2.90 percent in April of 2020 over the same month in the previous year. Food Inflation in Italy averaged 1.78 percent from 1997 until 2020, reaching an all time high of 6.26 percent in July of 2008 and a record low of -1.18 percent in July of 1997. This page provides the latest reported value for - Italy Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The benchmark interest rate In the Euro Area was last recorded at 0 percent. Interest Rate in the Euro Area averaged 1.86 percent from 1998 until 2020, reaching an all time high of 4.75 percent in October of 2000 and a record low of 0 percent in March of 2016. This page provides - Italy Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Italy's prime minister Guiseppe Conte lives to fight another day after a bid by the populist leader Matteo Salvini to unseat him and win power by holding snap elections failed. Katie Martin discusses whether the new alliance between the Five Star Movement and its former enemy, the Democratic Party, can last with Ben Hall and Miles Johnson.

Contributors: Katie Martin, capital markets editor, Ben Hall, Europe editor, and Miles Johnson, Rome correspondent. Producer: Fiona Symon

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Coveted top-quality rating hanging by a thread as Moody’s decision looms

It is hard to overstate the turn to Euroscepticism. It will not go away when lockdown ends