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Confindustria, the risk of stagnation is growing, consumption is slowing down

2022-12-17T08:42:28.577Z


The risk of stagnation for the Italian economy is increasing: at the end of the year, industry is in decline, construction has stopped driving, only services hold. (HANDLE)


(ANSA) - ROME, DECEMBER 17 - The risk of stagnation for the Italian economy is increasing: at the end of the year industry is in decline, construction has stopped driving, only services are holding up.


   Inflation at its highest and persistent levels will curb consumption, which up to now has been supported by accumulated extra savings, while the rise in interest rates discourages investments and "ballasts" corporate balance sheets.

This is what the Centrostudi of Confindustria indicates, highlighting, among other things, that in Pesaro there is uncertainty about the prospects and the high energy price, which could absorb further extra savings, reducing the impulse on consumption and "accelerating" stagnation.

(HANDLE).


Source: ansa

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