Visco: 'Recovery beyond expectations, vital economy'

 The Italian economy "despite the weaknesses in many fields, has shown itself to be vital" and "we see an exit from this recession even higher than expected" and the estimates "at the beginning of the year". This was stated by the governor of the Bank of Italy Ignazio Visco in an interview with Rai Istituzioni. Visco cited the response in terms of "production, consumption and investment which bodes well for the recovery underway". The Governor also reiterated that the rise in prices "is temporary" and "according to ECB estimates" after an increase in the inflation index over 2% in 2021 "in 2022 it will fall below" this threshold. For Visco, the increases are also due to the increase in oil and gas "that have already happened and are moving into the prices of the goods we use every day "but" there are no factors that push towards a permanent rise ".