In 2016 is expected to increase in the gross domestic product (Gdp) of 0.8% in real terms, which would follow a growth of 0.9% in 2017. The writes today Istat in the paper: The outlook for the Italian economy in 2016-2017.
unemployment is seen in the descent, the trend of wages is defined as moderate but, at least for the current year, the "dynamics of labour productivity will remain negative".
The interactive infographic is made by Istat.
in More detail: domestic demand net of inventories would contribute significantly to the growth of Gdp: 1.2 percentage points in 2016 and by 1.1 percentage points in 2017; the net foreign demand and the change in inventories would provide a contribution slightly negative.
In 2016, the consumption expenditure of households in real terms is estimated to be up 1.2%, fuelled by the increase in the disposable income and the improvement of the conditions of the labour market. The growth of spending would continue to function at a similar pace in 2017 (+1,1%).
In the current year provides for a strengthening of investment (+2.0%) and a subsequent acceleration in 2017 (+2,7%). In addition to the improvement of the expectations on the growth of the economy and on the conditions of the credit market, the investment would have been entitled to fiscal measures in support of businesses.
employment would increase in 2016 (+0.9% in terms of units of work) in conjunction with a reduction in the unemployment rate (to 11.5%). The improvements in the labour market proseguirebbero also in 2017, but at a slower pace: the work units are expected to increase by 0.6% and unemployment would be 11.3%.
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