GDP, Istat good news: + 0.9% in 2015, + 1.4% in the next two years – Il Sole 24 Ore

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This article was published on November 5, 2015 at 10:35.
The last modification is of November 5, 2015 at 11:40.

Good news for the Italian GDP, which this year is expected to grow in real terms by 0, 9% (0.2% higher than the estimate in May), to continue the race in the next two years, an increase of 1.4% both in 2016 and in 2017. The figure is contained in the document on ” prospects for the Italian economy. Years 2015-2017 “, presented today by ISTAT, that in 2015 the domestic demand excluding inventories will contribute positively to the change in GDP of 0.7 percentage points while net exports will subtract a tenth of a percentage point to ‘ expansion of the product.

growth in 2015 even investment and household consumption
Back pink also the view of the investments, which in 2015 according to ISTAT increase at an total more than 1% and then take off in 2016 (2.6%) and in 2017 (3.0%), “partly due to fiscal policy measures in favor of firms’ incentives with the maxi-depreciation for machinery and equipment. To grow, this year, will also household spending: + 0.8% in real terms, as a result of improved conditions in the labor market and disposable income. In 2016, it is expected a strengthening of private consumption (+ 1.2%) that will continue in 2017 (+1.1%).

forecast upward for domestic demand , positive employment
“The more lively foreign trade and particularly imports,” explains Istat, “has led to a downward revision in the contribution of foreign demand of 0.5 percentage points. Domestic demand excluding inventories was instead revised up to 0.4 percentage points as a result of the improvement of the dynamics of household consumption “.In positive after years of negative predictions, even the estimated numbers in employment, which in 2015 should increase by 0.6% in terms of units of work, accompanied by a reduction in the unemployment rate will amount to 12.1 percent.

Carbon (Pd): grow beyond expectations, reforms work
“Italy grows estimates, employment increases and unemployment falls and share investment and consumption: government reforms Renzi produce their beneficial effects. The situation is clear and with the measures taken by the law Stability taxes will continue to fall and you will have more improvements to our economy. ” Ernesto Coal, componenente answering Democratic Party, adding that “we are not content and we continue to work but the comparison with the past of those who received infringement procedures for excessive deficits or saw the spread to 600 is merciless.”

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