Friday, February 13, 2015

GDP unchanged at the end of 2014. Stop the nightmare of the recession – In Terris

GDP unchanged at the end of 2014. Stop the nightmare of the recession – In Terris

Italy seems to have put behind him the nightmare of the recession. According to the ‘ Istat in the fourth quarter of 2014, GDP was unchanged from the previous quarter and decreased by 0.3% compared to the fourth quarter of 2013. The short-term change is the synthesis of a decrease in the value added in the sectors of agriculture and of ‘industry and an increase in services. On the demand side, the negative contribution of the national component is offset by a positive contribution from net exports.

In relation to the GDP preliminary data released today by ISTAT, the Confesercenti explained that : “Even if the negative data on GDP seem obvious, it would be a mistake to underestimate the alarm bell of a variation acquired for 2015 waiting again with a minus sign. It is as if the Italian economy had started a new season with a penalty that must be remedied returning to win the challenge for growth. ” The scenario that promises to become “contains the risk of a new and possible regression of consumption, if our economy will not recover in the coming months. We would then be in the presence of a further disaster for the occupation and the estate of the companies that work for the domestic market. Once again the choice to do is to put at the center of a better and more incisive political and social confrontation economic growth and thus companies, deciding not to waste any time important measures to reduce the tax burden and cut spendin g. “

“The data confirms that our economy is plagued by continuing stagnation – said the Office Studies of Confcommercio – that marked at least the past year, closed – 0.4%. The recovery is, therefore, to be built but today there are circumstances favorable for making 2015 a year of growth in size is not negligible. ” In particular will be exploited “the impulses coming from the international framework, which was not yet ripe to produce their effects in the latter part of 2014″.

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