So the monthly bulletin of the Bank of Italy that signals a stabilization of employment in January-February.
“The Italian business confidence continues to show signs of improvement, the industrial cycle is hard however to overcome the prolonged period of weakness “continues the economic bulletin of the Bank of Italy. “Favourable indications emerge for investments, returned to growth in the last quarter of 2014.”
In Italy, “the expansion of the program to purchase securities of the ECB (Qe) can provide a boost to the activity quantifiable economic, according to the impact on interest rates and exchange, in over one percentage point of GDP in the period 2015-16. This is what continues the economic bulletin confirming the estimates already widespread in recent weeks, “The growth of the product may be more than 0.5 percent this year and around 1.5 next» explains via Nazionale.
“The impulse provided by macroeconomic policies has increased significantly in recent quarters and created the conditions for a recovery in domestic demand, in addition to consolidating the benefits of foreign demand,” continues the analysis of Via Nazionale adding: now serves “a raise potential output” for growth and “a sustainable growth in jobs.”
“Household spending continues to increase, albeit modest, supported mainly by purchases durable goods, “continues the economic bulletin of the Bank of Italy. “In the first months of the year the climate of confidence showed a significant improvement, driven primarily by the prospects on the general economic situation, ranking in March on the maximum levels since June 2002.”
“Inflation is close to zero; the dynamics of the underlying components remains very modest, “writes the Bank of Italy, noting that ‘according to analysts, inflation would be nothing left in the middle of 2015″.
April 17, 2015 15:35 – Last Updated: 15:37
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