-
Italy: Elections amid a cost of living crisis
In the second quarter, Italy’s GDP growth of 1% q/q substantially beat consensus and pushed GDP above its pre-pandemic level (Figure 1). A breakdown into components isn’t available yet, but the statistics office stated that domestic demand was the driver, while net foreign demand made a negative contribution. This boost from domestic demand at least partly stems from the reopening of the economy. Meanwhile, the labour market has also continued to improve, with the unemployment rate (8.1%) some 1.5 percentage points below pre-pandemic levels and a record-high employment rate of 60.1%. charts Cost pressures are a ... (full story)
- Comments
- Subscribe
- Post #1
- Quote
- Aug 5, 2022 6:03am Aug 5, 2022 6:03am
- Guest
- | IP XXX.XX.192.242
-
- Older Stories
-
From istat.it|Aug 5, 2022The index measures the monthly evolution of the volume of industrial production (excluding construction). From January 2022 the indices are calculated as annual chain-linked ...
-
From agmetalminer.com|Aug 5, 2022After seeing a short-term bullish rebound in July, aluminum prices began to modestly decline again in early August. All in all, the rebound was insufficient to suggest a bullish ...
-
From blogs.imf.org|Aug 5, 2022The lingering pandemic and Russia’s invasion of Ukraine are dealing a setback to the global economy. This is affecting trade, commodity prices, and financial flows, all of which ...
-
- Newer Stories
-
From channelnewsasia.com|Aug 5, 2022The Reserve Bank of India's key policy repo rate was raised by 50 basis points on Friday, the third increase in the current cycle to cool stubbornly high inflation that has ...
-
From @LiveSquawk|Aug 5, 2022|19 commentstweet at 5:46am: Chinese Foreign Ministry: We Will Cancel Dialogues Between US And Chinese Military Leaders tweet at 5:48am: *CHINA TO HALT CLIMATE CHANGE TALK WITH U.S.: MOFA *CHINA TO CANCEL MILITARY DIALOGUE WITH US *CHINA TO CANCEL WORK MEETING WITH U.S. DEFENSE MINISTRY *CHINA TO CANCEL MARITIME MILITARY MECHANISM MEETING WITH US *CHINA HALTS COOPERATION WITH US ON CRIME FIGHT
-
From dailyforex.com|Aug 5, 2022As we have rallied rather significantly from that point, the market is likely to continue to see the $1800 level as important, as it is not only a large, round, psychologically ...
- Story Stats
- Posted: Aug 5, 2022 5:09am
- Submitted by:Category: Fundamental AnalysisComments: 1 / Views: 465
- Linked event:
