Commodity market report
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6 Pages

Italy economic outlook Q1 2015

Italy economic outlook Q1 2015

Report summary

Italy's economy is in a deep and prolonged recession, GDP is 9.4% below the pre-crisis peak reached in Q1 2008. Wood Mackenzie forecasts GDP to grow 0.1% and 0.5% in 2015 and 2016 respectively. Our short term outlook centres on a few factors – lower oil prices, ECB quantitative easing, and labour market reforms. However, a mature economy with an ageing population and a number of significant structural issues, Italy's long-term economic growth will be tepid.

What's included?

This report includes 2 file(s)

  • Italy economic outlook Q1 2015 PDF - 299.00 KB 6 Pages, 1 Tables, 6 Figures
  • Country economic data Italy Q1 2015.xls XLS - 138.50 KB


This Economic Outlook presents our macroeconomic outlook to 2035 at the country level.

Specifically we assess the structure of the economy and present the GDP and industrial production outlook.

The long-term outlook is underpinned by a set of GDP models which take account of long-term structural drivers of GDP including demographics, investment and productivity growth.

Finally, we highlight the key risks facing our outlook, both upside and downside.

Wood Mackenzie's macroeconomic forecasts underpin all our commodity demand analysis, ensuring we continually deliver an integrated and consistent view.

  • Executive summary
  • Market structure
  • Economic outlook
    • Long term outlook
    • Exchange rate outlook
  • Risks and uncertainties

In this report there are 7 tables or charts, including:

  • Executive summary
    • Economic Indicators
  • Market structure
    • GDP by Sector
    • GDP by Expenditure
  • Economic outlook
    • Real GDP outlook
    • Industrial production outlook
    • Real GDP (annual growth)
    • Population by Age Cohort (Million)
  • Risks and uncertainties
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