"
Very uncertain scenario for Italy
, resulting from factors acting in opposite directions", "conflicting forces".
The Confindustria Study Center notes this, specifying that "the dynamics of Italian GDP is the uncertain synthesis of factors that push in opposite directions. Downward: the increases in energy and food prices, higher interest rates and the wider sovereign spread , weak international trade. On the upside: the end of anti-Covid restrictions and the hot season that push tourism, construction growth, industry resilience, accumulated savings that protect consumption ".
In the analysis of the economists of via dell'Astronomia, as emerges from the monthly report 'Congiuntura Flash', "
the euro weakened on the dollar
" also affects, which "helps exports, but raises the prices of imported goods".
Energy appears "near the peak".
For the industry there is a "complicated picture", a "rebound in services".
And "difficult prospects" for exports.
Meanwhile, the inflation scenario "is worsening in the eurozone", promises to be "too high and too long".
If "until a few months ago, the majority of forecasters expected that the surge in inflation was temporary and that, once the tensions on commodities ceased, a rapid decline would be seen", today, in the analysis of Confindustria economists who dedicate an in-depth analysis to the issue, we are facing a "more persistent inflation".
