Osservatorio | June 2024
The recovery is full of employment and more work means more growth. Italy beats France and Germany, and even the USA.
At a glance:
In GDP the Italian economy is doing better than France and Germany
In creating new jobs it exceeds the powerful American jobmachine
Italy’s higher growth is due both to stimuli, such as the “superbonus”, and to export performance
In the coming quarters, manufacturing will benefit from strengthened global demand
Global recovery gains speed and broadens geographically and to commodities
Inflation continues to decelerate slowly
The scenario is favourable for lower interest rates and higher corporate profits
Immigration expands labour supply and boosts economic development