Confindustria: shooting triggered, GDP + 0.2% in the first quarter – The Messenger

The powerful external forces and the global economy to improve triggered the resumption Italian: the scale of the economic indicators undoubtedly hangs from the side of the slope of the pil. Confindustria says, noting that this has prompted economists to revise upwards its growth forecast in 2015 to 0.7% in 2016 and to 1.4% (for the Centro Studi Confindustria estimates are +0.5 % and + 1.1% in the two years).

The study center in Confindustria ‘Congiuntura flash’, then states that “the GDP is expected to grow by 0.2% in the first quarter economic and accelerate in the spring.”

The question mark is the speed of the recovery, underscores the usual ratio Monthly association business, noting that orders, expectations and leading indicators indicate an acceleration in the spring. There remains therefore a degree of caution, because it ignores the fact that Italy suffered from slow growth before the crisis. The same crisis – it is emphasized – has operated brakes extraordinary: high unemployment, credit crunch, large spare capacity, weak real estate sector, profit margins to a minimum and to replenish savings that hinder the re-start domestic demand and production activities. Confindustria back then to express a positive opinion on the DEF, with the approach that the government can mitigate the restrictive fiscal policy. In terms of public investment – adds – you should make full use of European funds and margins of flexibility for their co-financing. “Imperative is to waver on reforms”, concludes the report, calling the reforms “gasoline to power the trust of partners and financial markets”.

 April 22, 2015 17:15 – Last Updated: 18:06

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