Interest Rate in the Euro Area is expected to remain unchanged at 0.00 percent in Feb 2017 while in the long term it is predicted to converge to 0 percent. Italy Inflation Rate is forecast to go up to 1.81 percent in Feb 2017. In the long run, Inflation Rate in Italy it is projected to converge to 1.64 percent. GDP Growth Rate in Italy is estimated to fall to 0.16 percent in Feb 2017. Italy GDP Growth Rate will reach 0.02 percent in the long term. Unemployment Rate in Italy is expected to increase to 11.8 percent in Feb 2017 while in the long term it is predicted to converge to 11.5 percent.