Monday, November 7, 2016

Istat and bank of Italy: Gdp improves – FIRSTonline

In the course of the hearing, held today in Parliament before the Committees, the Budget, the number one of the Istat Giorgio Alleva, as well as having given a positive opinion on the Budget act of 2017, has provided a good news about GDP.

according to the forecast of the National Institute of Statistics, “the economic situation in the third quarter of the year is characterized by the predominance of expansion signals, after the difficulties recorded in the previous three months”. By virtue of the recovery in the industrial sector, the Italian growth for the period July-September is considered to be “in line with that of the euro area". It is important to underline that "for the last part of the 2016 is not expected stresses Breeds – a further acceleration of economic activity.”

The same warning is also the deputy director general of the bank of Italy, Federico Signorini, who confirms that “the Italian economy is expanding, albeit at a moderate rate, the information pertaining to the situation of more recent for the most part a positive sign”.

For this reason, the estimates of Gdp that the Government has carried out in 2017 (+1%), while being “superior to the estimates of the main forecasters”, according to the Bank of Italy are not "unreachable". The “recovery is moderate, there is, but hard to grow stronger” due to the uncertainty in the international.

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