Monthly report on Italian economy

International economy is on a recovery path, that is heterogeneous among countries meanwhile inflation is accelerating.

In November, the Italian industrial production increased following the rising in the production on construction the month before.

Labour market has improved. In November employment raised while unemployment and inactive people decreased.

According to preliminary estimates, in December, the Italian harmonised index of consumer prices (HICP) increased by 4.2% on annual basis. The differential with euro area inflation remains negative.

In December the consumer confidence index grew slightly and the small improvement was not common to all its components. As for the business confidence climate, the index decreased. Both the indexes remained at historically high levels.