ROMA (ITALPRESS) – According to the preliminary estimate of Eurostat, published on 30 October, the economy grew by 0.2 percent in the third quarter of 2025. This is what we read in the economic bulletin of the European Central Bank. The service sector continued to grow, stimulated by the vigor of the tourist sector and in particular the expansion of digital services. Investigations reveal that this growth reflects the greater efforts made by many companies to modernize their computer infrastructure and integrate artificial intelligence into their operation. At the same time, the manufacturing sector has been hampered by increased duties, still high uncertainty and the strengthening of the euro.
Inflation on the twelve months increased to 2.2 percent in September 2025, from 2.0 August, mainly due to the decrease in energy prices compared to the past. In September, energy inflation fell to -0.4 percent, from -2,0 in August, while that of food fell to 3.0 percent in September, from 3.2 in August. Inflation, net of energy and food, grew to 2.4 percent, from 2.3 August; the services, it has recorded a slight increase, from 3,1 to 3,2 percent, while it has remained unchanged again to 0.8 percent for the goods. The underlying inflation indicators remain consistent with the objective of 2 percent in the medium term pursued by the Governing Council.
The Governing Council stresses the urgent need to strengthen the euro area and its economy in the current geopolitical context and welcomes the reaffirmation of this ambition by EU leaders at the Euro Summit on 23 October 2025. Budgetary and structural policies should stimulate productivity, competitiveness and the holding capacity of the economy. It is essential to implement the European Commission’s competitiveness plan. For the ECB, governments should give priority to structural reforms and strategic investments that promote growth while ensuring the sustainability of public finances. It is also of crucial importance to further promote the integration of capital markets, bringing to completion the union of savings and investments and the banking union, according to an ambitious timetable, and to adopt quickly the regulation on the introduction of the digital euro.
– photo IPA Agency –
(ITALPRESS).
