RTT, constructed from the seasonally adjusted and deflated turnover data of TeamSystem's sample of client companies, shows a significant decline in August (-3.2%). The indicator shows a negative trend in all sectors except construction.

The RTT aggregate figure for the Italian economy

• In August, RTT indicates a significant contraction of turnover at constant business prices: the already negative 3-month moving average in July remains in negative territory (-0.5% in August; Chart 1).
• Overall, RTT points to a decrease in the acquired change in turnover in Q3 2025 (-2.0%), due to the sharp decline in August.

RTT for production macro-sectors

• The fall of RTT in industry in August (-4.8%)nullifies the positive figure of July (Chart 2).
• In services, after two months of growth, there was a contraction in August (-3.8%).
• The change in Q3 was negative in both industry and services, due to declines in late summer.
• In construction, the RTT increase in July is confirmed by the August figure (+1.2%).

RTT for macro-areas and enterprise size

• RTT in August contracted in all geographical areas, with a significant deterioration in the Centre and South, after the growth recorded in July (Chart 3).
• The change in Q3 was negative for all macro-areas, in particular for the North-West, which had a declining July.
• RTT in August recorded a contraction in turnover for all size classes of companies.
• The change in Q3 was negative for all size groups, with medium-sized companies suffering the most.