Bank Lending Rate in Italy decreased to 1.70 percent in August from 1.71 percent in July of 2020. source: European Central Bank
Bank Lending Rate in Italy averaged 3.63 percent from 2003 until 2020, reaching an all time high of 6.48 percent in October of 2008 and a record low of 1.68 percent in March of 2020. This page provides - Italy Bank Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Italy Bank Lending Rate - values, historical data and charts - was last updated on October of 2020.
Bank Lending Rate in Italy is expected to be 2.23 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Bank Lending Rate in Italy to stand at 1.71 in 12 months time. In the long-term, the Italy Bank Lending Rate is projected to trend around 2.73 percent in 2021 and 1.71 percent in 2022, according to our econometric models.