Recession end in sight The GDP turned positive after three years – AGI – Agenzia Journalistic Italy

Recession end in sight The GDP turned positive after three years – AGI – Agenzia Journalistic Italy

Economy

08:02 February 28, 2015

(AGI) – Rome, February 28 – Two positive signs: after three and a half years the Italian GDP to grow back after nearly five years while the spread has fallen below the 100 points. In the first quarter, Istat estimated in Note Monthly update on the Italian economy, the GDP will be back ‘to grow. This is because ” the positive signals are strengthened. ” The last increase dates back to the second quarter of 2011. In detail, “the short-term change of real GDP expected in the first quarter and ‘+ 0.1%, with a confidence interval of between -0.1% and + 0.3%. This result and ‘synthesis still negative contribution of domestic demand (gross inventories) and the strong contribution of net exports. ” “The improvement of the views of consumers and businesses registered in February alongside the increase in industrial production in December and that of services revenue in the fourth quarter of 2014. However, there remain dif ficulties’ in the labor market and confirm the deflationary phase, albeit in attenuation. The composite indicator forerunner of the economy recorded a positive change for the second consecutive month, “reports the Istat. Separate discussion for the labor market “does not show clear signs of a turnaround than observed in recent months. The rate of vacancies in the fields of industry and services and ‘still remained stable in the fourth quarter around 0.5%. The stationarity ‘indicator, which continues from the last quarter of 2013, reflecting the stagnation phase that is observed on the demand side of labor. (AGI) Gin (Continued) (Summary) Italy: end recession, GDP grew in the first quarter (2) = (AGI) – Rome, February 27 – In February, the expectations of employment made by entrepreneurs for the next three months continue to be differentiated between the main productive sectors, resulting in growth in manufacturing, stable in the serv ices and worsening in the construction industry “.
Returning to the spread, was in May 2010 that the differential between our government bonds and German bunds not dropped below the threshold of 100 basis points. Satisfied with the President of the Council, Matteo Renzi who tweets: “Spread to below 100, a thousand former temporary workers hired in Melfi with Jobs Act, via bank secrecy not only in Switzerland, and by that ‘#lavoltabuona”. As for Greece there ‘to record the fact that the Bundestag approved the extension of loans to Greece. Nevertheless ‘the bag Athenian and’ the only red in a session without major outbursts. To affect the decline more than expected in the fourth quarter to -0.4% of GDP greek.

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