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Italy`s economic outlook remains `positive`: ISTAT Italy's economy continues to struggle, but slowing inflation and growing consumer and business confidence are seen as precursors of a positive turn, the country's National Statistics Institute (ISTAT) said. After registering double-digit inflation for four consecutive months until January, inflation started to decrease in February and dropped to 8.2 per cent in March year-on-year, ISTAT added on Thursday. The employment levels remained broadly stable, with demand for female work...
Italy`s economic outlook remains `positive`: ISTAT
Italy`s economic outlook remains `positive`: ISTAT
Source: IANS
14/04/2023 12:33:54 PM
Italy`s economy contracts by 0.1% in Q4 2022 Italy's economy contracted by 0.1 per cent quarter-on-quarter in the final three months (Q4) of last year, the country's National Institute of Statistics (ISTAT) said. On a year-on-year basis, gross domestic product (GDP) in the quarter increased by 1.4 per cent, against the originally estimated 1.7 per cent, reports Xinhua news agency citing ISTAT as saying. The country could thus be in the midst of a technical recession since the economy is widely seen as contracting again in ...
Italy`s economy contracts by 0.1% in Q4 2022
Italy`s economy contracts by 0.1% in Q4 2022
Source: IANS
5/03/2023 9:45:53 AM
Italy`s economy contracts by 0.1% in Q4 2022 Italy's economy contracted by 0.1 per cent quarter-on-quarter in the final three months (Q4) of last year, the country's National Institute of Statistics (ISTAT) said. On a year-on-year basis, gross domestic product (GDP) in the quarter increased by 1.4 per cent, against the originally estimated 1.7 per cent, reports Xinhua news agency citing ISTAT as saying. The country could thus be in the midst of a technical recession since the economy is widely seen as contracting again in ...
Italy`s economy contracts by 0.1% in Q4 2022
Italy`s economy contracts by 0.1% in Q4 2022
Source: IANS
4/03/2023 10:26:24 AM
Italy`s economy grew by 3.7% in 2022 Italy's economy grew less than expected in 2022, by 3.7 per cent, the country's the National Institute of Statistics (ISTAT) reported. The government's budget deficit also overshot forecasts, Xinhua news agency quoted ISTAT as saying. Economic growth last year was lower than the 3.9 per cent initially forecast in December. A reduction in agricultural output damaged economic growth, ISTAT said, while a recovery in construction and service activities boosted expansion. G...
Italy`s economy grew by 3.7% in 2022
Italy`s economy grew by 3.7% in 2022
Source: IANS
2/03/2023 3:17:38 PM
Italy announces aid package to counter soaring energy prices The Italian government has unveiled a 9.1-billion-euro package aimed at helping businesses and struggling families deal with skyrocketing energy costs. Announcing the plan on Friday, Prime Minister Giorgia Meloni said it would provide an "immediate response" to needs created by higher energy bills, reports Xinhua news agency. According to provisional data from Italy's National Statistics Institute (ISTAT), energy costs in the country in October were 73.2 per cent higher th...
Italy announces aid package to counter soaring energy prices
Italy announces aid package to counter soaring energy prices
Source: IANS
12/11/2022 3:39:32 PM
Italy's GDP expands 0.5% in Q3  Italy's economic growth streak continued in the third quarter of this year, with the country registering 0.5 per cent growth from the previous quarter, the government's main statistics entity reported. According to the National Institute of Statistics (ISTAT), it was the seventh three-month period in a row that Italy's economy expanded, reports Xinhua news agency. This growth started in the first quarter of last year, as the country began to recover from the worst part...
Italy's GDP expands 0.5% in Q3
Italy's GDP expands 0.5% in Q3
Source: IANS
1/11/2022 12:14:35 PM
Italy`s inflation reaches nearly 40-yr high in October Prices in Italy jumped by 11.9 per cent in October compared to the same month a year ago, the highest in nearly four decades, according to provisional data released by the National Statistics Institute (ISTAT). The figure was 3 percentage points above the then-record 8.9-per cent of annual inflation in September, and it was the highest since 1983 in Italy, Xinhua news agency reported. It was also the first time that the country's inflation experienced double digits since Italy's...
Italy`s inflation reaches nearly 40-yr high in October
Italy`s inflation reaches nearly 40-yr high in October
Source: IANS
29/10/2022 11:10:11 AM
Italian economy sees 4.6% growth in Q2, despite high inflation Italy's economy grew 4.6 per cent in the second quarter of this year (Q2) compared to the same period a year ago, the government's statistics body reported. However, that figure was dampened by a significant increase in prices, Xinhua news agency quoted the National Statistics Institute (ISTAT) as saying. Nevertheless, the 4.6 per cent economic growth in Q2 (April-June) was stronger than previous year-on-year growth estimates of 4.3 per cent for the period. Compared to the fi...
Italian economy sees 4.6% growth in Q2, despite high inflation
Italian economy sees 4.6% growth in Q2, despite high inflation
Source: IANS
31/07/2022 10:09:14 AM
Inflation in Italy surges to highest level in 36 years Prices in Italy were 8 per cent higher in June than a year earlier, marking the highest one-month increase in prices in 36 years, the country's National Statistics Institute (ISTAT) said. The year-on-year increase was far higher than in May, when prices rose 6.8 percent, a level that was itself the highest one-month increase since Italy adopted the euro currency in 1999, Xinhua news agency quoted the ISTAT as saying in a report. But the last time prices rose as much in one month as ...
Inflation in Italy surges to highest level in 36 years
Inflation in Italy surges to highest level in 36 years
Source: IANS
2/07/2022 3:05:43 PM
Italy's inflation hits 6.8%, highest level since 1990 Italy's consumer price index climbed a record-setting 6.8 per cent year-on-year in May, the highest since 1990, data published by the National Institute of Statistics (ISTAT) revealed. The war in Ukraine and a slowdown in international trade have both contributed to the upward trend in prices, Xinhua news agency quoted ISTAT as saying. Thursday's price data was slightly below the preliminary estimate of 6.9 per cent. However, it was still the highest year-on-year price hike i...
Italy's inflation hits 6.8%, highest level since 1990
Italy's inflation hits 6.8%, highest level since 1990
Source: IANS
17/06/2022 2:24:49 PM
Italy's poverty rate climbed in 2021 A total of 11.1 per cent of Italy's households were classified as being under relative poverty in 2021, up from 10.1 per cent a year earlier, the National Institute of Statistics (ISTAT) said in a report. There were 2.9 million households suffering from relative poverty, an increase from 2.6 million, Xinhua news agency quoted the statistics office as saying. The term "relative poverty" refers to families or individuals who live on an income less than half that of average h...
Italy's poverty rate climbed in 2021
Italy's poverty rate climbed in 2021
Source: IANS
16/06/2022 1:50:57 PM