Italy GDP From Construction

Italy · Quarterly series · EC-IT-GDPC

Latest, Q2 2026

26.47B EUR

+1.5% from Q1 2026

Open interactive chartItaly GDP From Construction in the app

31.07B21.85B12.63BQ3 1996Q2 2027
History through Q2 2026, the forecast path to Q2 2027 (dashed) and its 80% interval (shaded).

Forecast

Forecast for Q2 2027: 26.84B EUR, with an 80% interval of 22.61B EUR to 31.07B EUR.

Forecast path. Intervals are shown where available.
PeriodForecast80% low80% high
Q3 202626.55B EUR25.48B EUR27.65B EUR
Q4 202626.66B EUR24.79B EUR28.64B EUR
Q1 202726.74B EUR23.86B EUR29.73B EUR
Q2 202726.84B EUR22.61B EUR31.07B EUR

Model: Agentic Investor TSFM (foundation model). Forecast generated 2026-11-14.

AI confidence

Mixed evidence

The tests show no consistent, material advantage over the no-change baseline.

Model: Agentic Investor TSFM (foundation model)

Accuracy vs naive
-2%Matches the no-change baseline over 8 tests (8 tests, 4 won)
Direction
62%No clear edge over a coin flip (20 of 32 calls right in 8 tests)
Turning points
n/aToo few tests (7 turns, 8 needed) (7 turns in 8 tests, 3 without a turn)
Error vs baseline
2% higherError ratio 1.02; 1.00 is a tie.
Tests won
4 / 8Complete rolling backtests; ties count as no win.
Test period
2018-09-01 to 2026-06-014 observations ahead per test.
80% band coverage
84%Observed outcomes inside the band across all stored test windows.
How this assessment is made

AI confidence describes historical evidence for this forecast, not a probability of being correct. Each backtest fits on data available before its test window. The baseline carries the last value forward. Supported evidence requires at least six complete, non-overlapping tests, an error ratio below 0.90 (rounded to two decimals), and wins in a majority of tests. Ratios from 0.90 to below 1.10 are on par; 1.10 or above is weak evidence. Inconsistent wins produce mixed evidence. For a selected model, only the recent tests excluded from model selection determine this label. These are historical simulations using the available data, not a live trading track record; revisions and foundation-model pretraining can limit how closely they reproduce a past decision. Past performance can change.

Replay past tests

Model comparison

Comparison pendingA new ticker first receives its serving model's forecast and evaluation. An eligible nightly batch can compare both candidates, subject to call budgets and retry limits.

Reading

That is the highest of the 40 readings since Q3 2016.

Written from the figures by a fixed template; no AI model is involved.

Recent history (24 observations)
The 24 most recent observations, newest first.
PeriodValue
Q2 202626.47B EUR
Q1 202626.08B EUR
Q4 202526.06B EUR
Q3 202525.66B EUR
Q2 202526.09B EUR
Q1 202525.86B EUR
Q4 202425.49B EUR
Q3 202425.17B EUR
Q2 202425.26B EUR
Q1 202424.05B EUR
Q4 202323.38B EUR
Q3 202322.28B EUR
Q2 202321.87B EUR
Q1 202322.07B EUR
Q4 202221.69B EUR
Q3 202221.29B EUR
Q2 202221.67B EUR
Q1 202221.18B EUR
Q4 202120.46B EUR
Q3 202119.70B EUR
Q2 202118.90B EUR
Q1 202118.00B EUR
Q4 202017.49B EUR
Q3 202017.97B EUR

Source

Data: public market data feeds.

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