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GDP: Csc, strong rebound in 2021, towards + 6.3 / 6.4%

2021-11-27T09:59:17.840Z


"Thanks to the robust rebound in the third quarter and improved data for the first, 2021 could close with Italian GDP at + 6.3 / 6.4%, more than expected in October". (HANDLE)


(ANSA) - ROME, NOV 27 - "Thanks to the robust rebound in the third quarter and the improved data for the first, 2021 could close with an Italian GDP at + 6.3 / 6.4%, more than expected in October". Thus the Confindustria Studies Center in its flash situation in November, explaining that "it would return to the pre-Covid level in the first quarter of 2022, a result that is not obvious given the missed recoveries in the previous crises". In the fourth quarter, however, "the expected slowdown is emerging, due to the scarcity of raw materials and semi-finished products and the resurgence of infections in Italy and Europe, which make the high uncertainty persist", warns the CSC.


   The rebound was driven by private consumption, estimated to rise further in the third and fourth quarters, underlines the SCC, explaining that consumer confidence in October-November "decreased slightly, remaining high", while orders from producers of consumer goods "recovered. still".


   Conversely, "high energy prices act as a brake".


   The industry slows down "but it is growing", underlines the CSC, investments are also growing, services continue to recover and the number of employees is on the rise.

On the other hand, the Italian export of goods is slowing down.

(HANDLE).


Source: ansa

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