Italy’s economy probably expanded about 0.5% in the second quarter, with households benefiting from easing coronavirus restrictions, according to the central bank. That acceleration comes after growth of just 0.1% in the first quarter and compares with a median economist estimate of 0.2% for the three through June in a Bloomberg survey. In its monthly report, the Bank of Italy also forecast that GDP will increase 3.2% this year, though growth will only be 1% should Russia halt its gas flows. Bank of Italy also estimates that the economy will expand 1.3% in 2023 and 1.7% in 2024 in the baseline scenario, which assumes conflict in Ukraine to continue through the year.

Souce : https://www.bloomberg.com/news/articles/2022-07-15/italy-probably-grew-0-5-in-second-quarter-central-bank-says