Istat sees the upward growth of the Italian, closer to the objectives of government – The Republic

MILAN - Improves the economic framework the Italian track by Istat, with an annual growth strengthened in the third quarter and the possibility of closing the 2016 to +0.9% of the objectives fixed by the past government documents are now at hand.

The Institute of statistics, has traced the trend of quarterly economic accounts, which say an increase of 0.3% of Gdp in the period July-September compared to the previous quarter. If you look instead at a variation on the third period of 2015, the growth of the Italian Product is increased compared to the initial estimates, ranging from 0.9% to 1%. The “round figure” was missing from the second quarter of 2011.

The upward revision pushes on the variation acquired by the end of 2016, at +0.9% from +0.8% in the previous one: so would the Gdp in the whole year, if there was no change in the last quarter. In practice, even if Italy Spa inchiodasse hit the end of the year (and economists stress that the performance will be weak), centrerebbe widely the objective set by the executive in the update of the Def (+0,8%), which was, however, a bet to the downside than to the ideas of spring. In the revision of the data announced today by Istat is also to underline the improvement of the performance of Gdp in the second quarter of the year, led by a zero growth compared to the first quarter to +0,1%.

The flow of data from the Institute has been characterized by the blocking of the press taken in the morning for the action of the co-ordination of the precarious workers of the Institute. “The tightening of the forms of mobilisation – they explained – determines the deterioration of the mode with which the Istat communicates its data”. Were “stuck in the briefing by phone from the 350 to the precarious of the institute, which claimed to be the stabilization of their employment contracts through a provision in the legislation that should be included in the Budget law that will be debated in the Senate next week”.

The shaking of the precarious workers to the Istat

Returning to the data, we highlight the positive dynamics of the main aggregates of domestic demand: growth of 0.2% of national final consumption and 0.8% of gross fixed capital formation. Imports increased by 0.7% and exports by 0.1%. The foreign demand has weighed to 0.1% on the growth of the Product, while positive contributions came from domestic demand net of inventories (0.3 percentage points) and from the changes in stocks (0.1 percentage points). Trends quarterly positive results, both for the added value of the industry (+0.8%) and services (+0,1%), while the value added in agriculture recorded a decline of 1.5%.

the news of The Istat makes the pair with the good detection of indicators of Smes in the manufacturing sector, calculated by Markit index, the Italian was brought in November, 52.2 (above 50 points indicates expansion), contributing, together, to Spain, to the growth of the Eurozone as a whole. As reconstructed by the Republic on newsstands yesterday, then, there is a reversal of the trend on the growth of the debt/Gdp ratio, the result of the combined effect of a growth at a lower pace of public debt and a paso in the next part of the Product, with effects on the relationship between the two components. The Bank of Italy has, in fact, registered 2.212,6 billion debt in September, with an increase of “only” 0.9%, compared to September a year earlier. And’ growth, ‘ explained the economist Marco Fortis, which is very low compared to the recent Italian standards: the hint of a decline is the largest since 2003, well before the financial crisis of th e Usa, with reflections all over the world.

Topics:

istat

Gdp

public accounts

deficit

the Debt

Starring: