Connect with us

Entertainment

GDP Italy 2022 increases from 2023 what happens

Published

on

Italy’s GDP is – surprisingly – also growing in the third quarter of this year. According to Istat, the economy for the period grew by +0.5% compared to the previous quarter and by +2.6% compared to the same quarter of 2021. Still, looking at 2023 in our country, as over all of Europe, the clouds of decay are gathering.

The Parliamentary Budget Office forecast, made just two weeks ago, indicated a possible drop of -0.2%. The predictions would now be reversed. The growth already achieved for 2022 thus amounts to + 3.9%, against the + 3.3% indicated by Nadef, the Note to the document on the economy and finance. The latest figure, although decelerating from the previous quarter, is the seventh consecutive positive. After the crash due to the Covid pandemic, “the expansionary phase of GDP therefore continues for the seventh consecutive quarter. But decelerating compared to the second quarter of the year, ”they explain from Istat. As always, the provisional nature of this estimate is noted. A value which reflects, on the production side, a decline in agriculture and industry and a marked increase in services.

Photo Ansa

On the demand side, underlines the National Institute of Statistics, with regard to GDP “there is a positive contribution from the national component (gross of stocks). And a negative contribution from the net foreign component, following growth in imports exceeding that of exports. The “provisional figure” on third quarter GDP indicates an “increase still supported by the recovery of the services sector, the most affected by the pandemic”. This was stated by the governor of the Bank of Italy, Ignazio Visco, during the Savings Day. Visco argues that Italy’s growth “on the one hand leads to a mechanical increase in the rise in estimates. On the other hand, it calls for caution in indicating precise estimates in the context of great uncertainty such as the current one. »

GDP, Giorgetti: “Protect families and businesses”

On the occasion of World Savings Day, the new Minister of Economy, Giancarlo Giorgetti, also spoke on the theme of GDP and growth. “The greatest efforts are needed to protect the household and business economy from the serious emergencies of the present. In the conviction that in these years of uncertainty, we must protect the dignity and diligence of citizens and not the logic of debt and subsidies. And that businesses must be protected from price volatility and resource scarcity. Not only by ensuring the availability of liquidity, but also that this availability is accessible under the most advantageous conditions possible”.

From left to right, Giancarlo Giorgetti and Ignazio Visco. Photo Ansa / Ettore Ferrari

According to Giorgetti “it is necessary to adopt policies for the rapid fight against the inflationary phenomenon, capable of curbing the growth of the rise in prices, but above all of such a nature as to prevent this growth from being prolonged”. “A first lens through which to look optimistically at the growth prospects of our economy and our GDP in the difficult international context in which we find ourselves is linked to the implementation of the National Recovery and Resilience Plan (PNRR). These colossal resources will indeed make it possible to promote the ecological and digital transition, to relaunch growth and to improve social, territorial, generational and gender inclusion.

Giorgia Meloni. Photo Ansa / Angelo Carconi

Continue Reading

Recent News

Entertainment13 hours ago

‘Alien’: Sigourney Weaver reveals his favorite film in the franchise

In an interview with Collider, Sigourney Weaver, who plays the iconic Ellen Ripley, was asked about her favorite movie in...

Entertainment13 hours ago

‘Stargirl’: the official poster for season 2 announces the arrival of the villainous Eclipse; Check!

The ‘Stargirl’ Season 2 premiere takes place on August 10, and now The CW has released the official poster for...

Entertainment13 hours ago

Revision | The Suicide Squad – James Gunn delivers a masterpiece

When “Suicide Squad” hit theaters in 2016, high expectations about the project faded on the first weekend, when audiences realized...

Entertainment13 hours ago

here is what was found. “You Won’t Believe It”

In this article we will talk about one of the most loved and consumed canned foods by all Italians: tuna....

Entertainment13 hours ago

‘Tekken: Bloodline’: An animated series is now available on Netflix!

The upcoming animated series “Tekken: Bloodline” is now available on Netflix. The production was released today, August 18, on the...

Entertainment13 hours ago

HBO Max will arrive in Brazil with “Friends”, “Game of Thrones”, “Harry Potter” and more; Check!

Imagine meeting Rachel Green, Jon Snow, Wonder Woman, and Harry Potter in one place. That will soon be a reality...

Entertainment13 hours ago

‘Time’: M. Night Shyamalan’s Horror Gets New DUBBED Teaser; Check!

The horror ‘Time’ (Old), the upcoming film from filmmaker Mr. Nighy Shyamalan (‘The Sixth Sense’), has received a new official...

Entertainment14 hours ago

Suspense UNRELEASED starring Chris Pine and Thandie Newton is a hit on Amazon Prime Video; Watch the trailer!

Amazon Prime Video has launched the unreleased thriller “All the Old Knives” in its catalog and the production has become...

BMW BMW
News14 hours ago

BMW Produces Six Millionth Vehicle at U.S. Manufacturing Plant

BMW simply hit a giant ol’ milestone down south. The decidedly German firm has produced its six millionth car within...

IPTV in the UK IPTV in the UK
Entertainment14 hours ago

Elevating Entertainment: The Unmatched Advantages of IPTV in the UK

In the ever-evolving world of technology and entertainment, Internet Protocol Television (IPTV) has emerged as a game-changer. The United Kingdom...