6,9 8
Edition January 18, 2018 - Crédit Agricole S.A.
  • Size up
  • Size down
  • Share this article
  • Print this page
  • Edition January 18, 2018

    Italy – Conjoncture: Please, do not hinder the virtuous circle

    The consolidation of productive investment and a swifter decrease in unemployment feed into a more autonomous growth. This benefits the banking sector by sustaining restructuring efforts, more than ever dominated by a race to reduce NPLs. On the political front, the scenario of a post-election coalition between Forza Italia, the Centre and M. Renzi's democratic Party is loosing strength due to the latter's weakening. 

  • Download publication - (PDF - 769.63 Ko)

  • Contents:

    - Macroeconomics: investment rebound
    - Politics: the lines are shifting
    - Banking sector: 2018, a useful year
    - Graphics: quarterly economic panorama

  • Extract – Macroeconomics: investment rebound

    The Italian economy has hooked its wagons to the European recovery train. With a further acceleration in Q3 (1.7% over 12 months, 0.4% over the quarter), growth is guaranteeing households and businesses the perception of an effective improvement in the scenario. And the confidence signalled by consumer and business surveys has climbed to new highs and suggests that late 2017 and early 2018 will be equally upbeat. The percentage of expanding sectors is rising and has reached a high level (65%) in the manufacturing sector. We have therefore revised our GDP growth forecasts up to 1.6% for 2017 and 2018.

  • Associative topics : Banking and Insurance | Economics | Italy

Subscription

Follow the economic activity!

Sectors, regions, videos, graphics... all the economic information that you needs !

Already a subscriber ? Log in