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Italy is aiming for 5% growth, inflation unknown

2021-07-04T16:45:58.897Z


Towards a growth of 5%, but perhaps even beyond: the authorities of Rome show optimism on the trend of GDP 2021 corroborated by good macro data (business confidence, consumption, production, exports, investments) and seen in flight also by the main orgs ... (ANSA)


(ANSA) - ROME, 04 JUL - Towards a growth of 5%, but perhaps even beyond: the authorities of Rome show optimism on the trend of the 2021 GDP supported by good macro data (business confidence, consumption, production, exports, investments) and seen in flight also by the main international organizations. All thanks also to the protection networks of the ECB which at the moment seems willing not to touch the monetary level by keeping the cost of money in the Eurozone at a minimum. But there is an unknown factor: the reappearance of inflation at the global level that could push central banks to intervene (currently officially excluded) to calm the trend in post-pandemic consumer prices.


    On Wednesday the EU Commission will give its report cards to partners precisely on growth and inflation and Prime Minister Mario Draghi, a few days ago underlined how "the Commission's current forecasts indicate an increase in GDP this year in Italy and in the EU of 4.2%". But many speculate that we can even surpass the 5% growth threshold. (HANDLE).


Source: ansa

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