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This article was published on July 3, 2015 at 17:37.
The last change is the July 3, 2015 at 18:51.
“The economic recovery continues, but the information from the productive sectors indicate an intensity smaller than in the first quarter. ” The notes in the Istat monthly note, stressing that “the macroeconomic weighs the uncertainty related to developments in the Greek crisis.” The labor market “is showing the first positive signs on the demand side even if not reinforced by indications on labor.” In short, “it has not yet been a stable recovery in employment,” although “some positive signs foreshadow more favorable developments in the coming months.” While confirming the reduction of deflationary pressures in the fall which would follow a moderate price recovery.
Istat: recovery is continuing but smaller beginning of the year
“The composite index of confidence of Italian companies – the statement said Istat – He has increased again in June, driven by increases in all the main productive sectors. ” But the composite indicator forerunner of the Italian economy “showed a deceleration in April, continuing the trend from February.” Even if “the economic recovery continues,” the information from the productive sectors “indicate a smaller intensity than the first quarter.” In this regard it should be noted that GDP growth in the first quarter was 0.3% compared to the last quarter of 2014. And in May, the change in GDP expected by Istat for the second quarter was estimated at +0 , 2%, with a “fork” between 0 and +0.4%.
Shooting occupation not yet stable
In the note monthly Istat noted that since the beginning of the overall level of employees “remained essentially unchanged” and ” It has not yet been a stable recovery in employment. ” However, “some positive signs foreshadow more favorable developments in the coming months.” In particular, the forecasts expressed by entrepreneurs in June with regard to employment trends over three months, said the Mayor, “it remains positive in all sectors, including the manufacturing industry, and thus to strengthen the signals coming on the demand side. “
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