The development of reading speed in Italian children with dyslexia was estimated using individualized growth curves for a group of 38 children with dyslexia tested longitudinally from the second to the eighth grade and compared with typical readers. Their reading speed development followed a linear trend of .3 syllables per second per grade, approximately half the increment observed in typical children reading a passage and similar to typical children's reading of nonword lists. These findings give support to the deficit hypothesis versus the lag hypothesis and to reading speed as the core deficit in dyslexia with transparent orthographies.