(ANSA) - ROME, JANUARY 13 - "The Italian economy is barely above zero, with more employment, weakly increasing consumption and stable taxis. For investment there is a lack of investment, which does not start again, and credit, which is falling" . Confindustria underlines this in the flash economic situation, still speaking of stagnation. "Exports are struggling to grow, with extra-EU markets, but risks increase. Instability in Iran and Libya could cause an oil shock. Weak world trade, as well as the Eurozone, but US growth is solid, improves laCina and govern the financial markets ". The persistence of a substantial stagnation is also confirmed in the 4th quarter of 2019. The industry is still in difficulty: orders are partially recovering in December, but the PMI (Purchasing Managers' Index) has collapsed even more (46.2) and the CSC estimates a decrease in production in the quarter. In services, on the other hand, the PMI rose in December, in an area of weak growth (51.1).
Confindustria, stagnation is confirmed
2020-01-13T13:26:20.874Z
"The Italian economy is just above zero, with more employment, weakly rising consumption and stable sovereign rates. Investment is lacking for growth, which does not start again, and credit, which is falling". (HANDLE)
