In the first part of 2024, international economic activity continued to show some resilience. Inflation decelerated more rapidly than expected, and labor market conditions remained solid.<\/p>\n
Preliminary estimates for Italian GDP growth in the first quarter indicate an increase of +0.3%; the domestic component (excluding inventories) contributed negatively, while the net foreign demand provided a positive contribution.<\/p>\n
Between December 2023 and February 2024, exports in value remained stable, while imports decreased by 4.8%; these trends led to a further improvement in Italy’s trade balance, which returned to positive territory since late 2022.<\/p>\n
In March, employment growth continues, involving both men and women and individuals of all ages, except for those aged 35-49; by professional position, employment increased among both permanent and temporary employees and among self-employed individuals.<\/p>\n
The dynamics of the consumer price index for all households (NIC) in the first four months of 2024 hovered around unity (0.9% in April, according to provisional data); the decline in energy prices (-12.0% in April) and food prices (+2.6% in April, down from +5.6% in January) continues, mainly thanks to the fresh component (+2.2%, down from +7.5%).<\/p>\n
After rising in March, business confidence declined in April across all economic sectors; consumer confidence in April confirmed the decline seen in March, marking the lowest value since November 2023.<\/p>\n","protected":false},"excerpt":{"rendered":"
In the first part of 2024, international economic activity continued to show some resilience. Inflation decelerated more rapidly than expected, and labor market conditions remained […]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","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-28725","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":"20240510","descrizioneperiodo":"March-April 2024","titolobreve":"Report on Italian economy","news":"The report on Italian economy for the months of March and April 2024 now online","news_rss":"In the first part of 2024, international economic activity continued to show some resilience.Inflation decelerated more rapidly than expected, and labor market conditions remained solid.","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\/28725","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=28725"}],"version-history":[{"count":0,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/posts\/28725\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/media?parent=28725"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/categories?post=28725"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/tags?post=28725"},{"taxonomy":"regione","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/regione?post=28725"},{"taxonomy":"tema","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/tema?post=28725"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}