GDP is expected to increase both in 2022 (+2.8%) and in 2023 (+1.9% Table 1)<\/p>\n
In both years the increase of GDP will mainly be determined by the contribution of domestic demand (respectively +3.2 and +1.9 p.p). The net foreing demand will give a negative contribution in 2022 (-0.4 p.p) and null contribution in 2023, while inventories will provide a null contribution in the period.<\/p>\n
Gross fixed capital formation will provide decisive support for growth with a more sustained intensity in the current year (+8.8%) than in 2023 (+4.2%).The growth of residential households consumption expenditure will be more contained (+2.3% and +1.6%).<\/p>\n
The evolution of employment, measured in terms of FTE will be in line with the improvement in economic activity, with a more pronounced increase in 2022 (+2.5%) than in 2023 (+1.6%). Employment increases are expected to positively affect unemployment rate which would drop significantly in 2022 (8.4%) and, to a lesser extent, in 2023 (8.2%)<\/p>\n
The upsurge of energy goods prices is expected to boost \u00a0the households consumption expenditure deflator in the current year (+5.8%) and expected to slow down in 2023 (+ 2.6%).<\/p>\n","protected":false},"excerpt":{"rendered":"
GDP is expected to increase both in 2022 (+2.8%) and in 2023 (+1.9% Table 1) In both years the increase of GDP will mainly be […]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4082],"tags":[3353,3574,3225,3470,3228,3250,3263],"regione":[],"tema":[4070,4059,4071,4065],"class_list":["post-26948","post","type-post","status-publish","format-standard","hentry","category-press-release","tag-earnings","tag-economic-outlook","tag-exports","tag-forecasts","tag-gdp","tag-imports","tag-investments","tema-external-trade","tema-households-economic-conditions","tema-labour","tema-national-accounts"],"meta_fields":{"data_pubblicazione":"20220607","descrizioneperiodo":"Years 2022-2023","titolobreve":"Italy\u2019s Economic Outlook","news":"GDP is expected to increase by 2.8% in 2022 and by 1.9% in 2023","news_rss":"In both years the increase of GDP will mainly be determined by the contribution of domestic demand (respectively +3.2 and +1.9 p.p). The net foreing demand will give a negative contribution in 2022 (-0.4 p.p) and null contribution in 2023, while inventories will provide a null contribution in the period.","sottotitolo":""},"acf":[],"wpml_current_locale":"en_US","wpml_translations":[],"tags-info":[{"id":3353,"label":"earnings","slug":"earnings"},{"id":3574,"label":"economic outlook","slug":"economic-outlook"},{"id":3225,"label":"exports","slug":"exports"},{"id":3470,"label":"forecasts","slug":"forecasts"},{"id":3228,"label":"GDP","slug":"gdp"},{"id":3250,"label":"imports","slug":"imports"},{"id":3263,"label":"investments","slug":"investments"}],"categories-info":[{"id":4082,"label":"Press release","slug":"press-release"}],"_links":{"self":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/posts\/26948","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/comments?post=26948"}],"version-history":[{"count":0,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/posts\/26948\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/media?parent=26948"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/categories?post=26948"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/tags?post=26948"},{"taxonomy":"regione","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/regione?post=26948"},{"taxonomy":"tema","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/tema?post=26948"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}