Different cyclical positions of main countries and uncertainty on inflation\u2019s future evolution characterise the Global environment. The decisions of main Central Banks will be likely affected by commodities increasing prices.<\/p>\n
According to the quarterly national account revision, in the second quarter, the Italian GDP decreased by 0.4% on the previous quarter and increased by 0.3% in comparison with the second quarter of 2022. The carry-over growth for 2023 is 0.7%.<\/p>\n
On the supply side, in August industrial production index increased by 0.2% with respect to July. In the period June-August, on average the index increased by 0.4% with respect to the previous three months.<\/p>\n
In the second quarter, Gross disposable income of consumer households remained substantially unchanged over the previous quarter, while their final consumption expenditure grew by 0.2%. Households\u2019 saving rate decreased remaining at an historically low value.<\/p>\n
Labour market conditions continue to be favourable. In August, the number of employed people grew, while unemployed fell and inactive persons remained substantially stable. The unemployment rate fell to 7.3%.<\/p>\n
In September, according to preliminary estimates, the Italian harmonised index of consumer prices (HICP) increased by 5.7% on annual basis (up from +5.5% in the previous month). The positive differential with the euro area increased substantially.<\/p>\n
Households and business surveys results in September suggest that the current weak phase of Italian economy might continue in the coming months.<\/p>\n","protected":false},"excerpt":{"rendered":"
Different cyclical positions of main countries and uncertainty on inflation\u2019s future evolution characterise the Global environment. The decisions of main Central Banks will be likely […]<\/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":[3233,3470,3228,3256,3495,3618,3668,3468,3283],"regione":[],"tema":[4057,4067,4071,4065,4039],"class_list":["post-28134","post","type-post","status-publish","format-standard","hentry","category-press-release","tag-confidence","tag-forecasts","tag-gdp","tag-inflation","tag-labour","tag-monthly_report","tag-press-note","tag-price","tag-production","tema-enterprises","tema-industry-and-construction","tema-labour","tema-national-accounts","tema-prices"],"meta_fields":{"data_pubblicazione":"20231010","descrizioneperiodo":"September 2023","titolobreve":"Monthly Report on Italian economy","news":"The monthly report on Italian economy for the month of September 2023 now online","news_rss":"Different cyclical positions of main countries and uncertainty on inflation\u2019s future evolution characterise the Global environment.The decisions of main Central Banks will be likely affected by commodities increasing prices.","sottotitolo":""},"acf":[],"wpml_current_locale":"en_US","wpml_translations":[],"tags-info":[{"id":3233,"label":"confidence","slug":"confidence"},{"id":3470,"label":"forecasts","slug":"forecasts"},{"id":3228,"label":"GDP","slug":"gdp"},{"id":3256,"label":"inflation","slug":"inflation"},{"id":3495,"label":"labour","slug":"labour"},{"id":3618,"label":"monthly report","slug":"monthly_report"},{"id":3668,"label":"press note","slug":"press-note"},{"id":3468,"label":"price","slug":"price"},{"id":3283,"label":"production","slug":"production"}],"categories-info":[{"id":4082,"label":"Press release","slug":"press-release"}],"_links":{"self":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/posts\/28134","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=28134"}],"version-history":[{"count":0,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/posts\/28134\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/media?parent=28134"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/categories?post=28134"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/tags?post=28134"},{"taxonomy":"regione","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/regione?post=28134"},{"taxonomy":"tema","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/tema?post=28134"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}