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Istat: 2022 GDP estimate at +3.9%, slows down in 2023 at +0.4%

2022-12-06T09:28:10.376Z


The Italian GDP is expected to grow at still sustained rates in 2022 (+3.9%) to then slow down significantly in 2023 (+0.4%). (HANDLE)


ANSA Lavoro - ROME, 06 DEC - The Italian GDP is expected to grow at still sustained rates in 2022 (+3.9%) to then slow down significantly in 2023 (+0.4%).

Istat communicates this in its Report on the outlook for the Italian economy in 2022-2023, specifying that the increase in GDP would be supported by the contribution of domestic demand net of inventories, while net foreign demand would provide a negative contribution in both years.

Investments are expected to represent the driving force of the Italian economy both in 2022 (+10.0%) and, to a lesser extent, in 2023 (+2.0%).

In June, Istat estimated +2.8% for 2022 and +1.9% for 2023.


    Istat adds that this year and next employment, measured in terms of work units (Ula), will mark a growth higher than that of the GDP with a more accentuated increase in 2022 (+4.3%) than that of the 2023 (+0.5%).


   The improvement in employment will be accompanied by that of the unemployment rate which will drop significantly this year (8.1%) and then record a slight increase in 2023 (8.2%).


   (HANDLE).


Source: ansa

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