Lazio output grows 1.0 percent as exports contract

The Bank of Italy estimates that Lazio's first-half growth slightly exceeded the Italian average.

Local authorities' public works investment rose about 25 percent, supported by the National Recovery and Resilience Plan.

By June 2026, payments under the plan reached €7.4 billion, or 55 percent of allocations.

First-half transport equipment exports fell 51.7 percent and pharmaceutical exports declined 6.5 percent.

Employment increased 0.5 percent; unemployment fell to 5.3 percent as labor force participation declined to 68.3 percent.

Real household disposable income grew 0.5 percent and consumption rose 1.3 percent.

Regional inflation averaged 2.9 percent in January–September, against 1.8 percent a year earlier.

Private non-financial sector bank lending grew 7.3 percent year on year in June 2026.

Business lending rose 12.3 percent: loans to medium-sized and large firms increased 13.9 percent, while small-firm credit fell 3.1 percent.

Household borrowing from banks and finance companies grew 2.7 percent.

In Q2, business investment loans cost 4.7 percent and new consumer credit cost 9.0 percent.

The annualized new impaired loan rate fell to 0.9 percent from 1.2 percent in December 2025.

Household and business deposits grew 5.5 percent; securities held in custody rose 12.2 percent.