RTT, constructed on the basis of seasonally adjusted and deflated turnover data from TeamSystem's sample of client companies, recorded a rebound in June (+2.3%). The indicator shows recoveries in all sectors, but partial ones in industry and services.

The RTT aggregate figure for the Italian economy

•  In June, RTT indicates a partial recovery of turnover in constant enterprise prices, after the slump in May: the 3-month moving average shows a moderate increase (+1.6% in June; Chart 1).
• Overall, RTT indicates a positive change in turnover in Q2 2025, due to the very positive figure recorded in April.

RTT for production macro-sectors

• The partial rise of RTT in industry in June did not compensate for the fall in May (Chart 2).
• In services, the rebound in June was smaller (+1.6%), after a stronger decline in May.
• The change in Q2, however, was positive in both industry and services, due to the increases in April.
• In construction, the RTT increase in June is larger than the decrease in May. The change in Q2 is moderately positive (+1.6%): fourth consecutive quarter of increase.

RTT for macro-areas and enterprise size

• RTT in June increased in all areas: partial recovery in the North-West, continuation of moderate growth in the South (Chart 3).
• The change in Q2 is barely positive in the North-West, while in the other areas of the country RTT reports significant growth in the quarter.
• RTT indicates partial recoveries in turnover for large and medium-sized companies in June, while for small companies the decline continues to be moderate.
• The change in Q2 is positive for all size classes, to a greater extent for the large ones.