Istat, the economy is still weak in the coming months – The Sun 24 Hours

“The most recent data on the Italian economy and to outline a scenario of a persistent weakness of the levels of economic activity.” Detect the Istat, in the note, the monthly, September. The Institute explains that in September “the climate of consumer confidence marked the second consecutive decline, while the expectations of the firms are found to be in improvement, amounting, however, on the level of last June. The composite indicator of anticipated, up-to-date taking into account the most recent information, mark in the last month, the eighth negative change in the consecutive”.

go-ahead for the update of the Def, Renzi: in 2017, an increase of 1%

Change nothing to the Gdp
In the second quarter of 2016, the revision of the national accounts confirmed the zero change of the Gdp, corrected for calendar effects and seasonally adjusted, compared to the previous quarter. The short-term change of gross fixed capital formation – signals that the uk was equal to +0.2% vs-0.3% of the previous estimate.

positive trend in the manufacturing sector
In July, the productive activity of the industrial sector (net of construction) registered increase (+0.4%), which has affected all sectors: the goods

consumption (+2,0%), capital goods (+1,1%), intermediate goods (+0.9%) and, to a more limited extent, energy (+0,5%). In the middle of the quarter may-July 2016, however, the production decreased 0.5% in terms of economic -continues to Istat. The positive dynamics of the activity of the manufacturing sector is confirmed by the data of the turnover, measured in current prices: in the month of July has seen an increase in the cyclical 2.1% determined by the favourable trend of the internal market (+3.2%), and by the substantial stability of the foreign market.

Office of the budget: “Excessive optimism” on Gdp growth 2017

lower orders
In the same month, orders dropped sharply on the basis of economic (-10,8%) determined by the result of exceptionally high recorded in the previous month (+14.3% compared to may).However, in the quarter of may-July the orders show an increase of 1.9%, the note continues.

© Reproduction reserved