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Confindustria: 'A weak GDP is expected in the first quarter' - Breaking news

2024-03-16T09:16:29.064Z

Highlights: Confindustria: 'A weak GDP is expected in the first quarter' - Breaking news. The Confindustria study center sees "Italy's growth slowed at the beginning of 2024". (HANDLE)    The industry is "convalescent". Reproduction reserved © Copyright ANSA. All rights reserved. For confidential support call the Samaritans in the UK on 08457 90 90 90, visit a local Samaritans branch or see www.samaritans.org for details.


The Confindustria study center sees "Italy's growth slowed at the beginning of 2024". (HANDLE)


The Confindustria study center sees "Italy's growth slowed at the beginning of 2024".

In the monthly 'flash' economic analysis of the via dell'Astronomia economists "the Italian economy is supported by low inflation, increasing family confidence and growing services, while industry seems to be stabilising. However, there are various negative factors: the slowdown continues to trade flows in the Suez Canal, oil continues to rise in price, the rate cut is postponed again, credit to businesses remains in decline".

In this scenario "a weak GDP is expected in the first quarter of 2024".


   The industry is "convalescent".


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Source: ansa

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