GDP: Cgia, Northeast is once again the country’s economic locomotive

Summer, between July and August 23 million Italians on vacation (ANSA)

(ANSA) – VENICE, 06 AUGUST – The Northeast is once again driving the country’s economy. In fact, in 2022, the GDP of the Veneto is destined to increase by 3.4%. For the CGIA no other region is destined to do better. Immediately after there are Lombardy with 3.3 and Emilia Romagna, another northeast region, with 3.21. At the bottom, however, there are Marche with + 2.4%, Basilicata with 2.3 and, finally, Calabria with 2.1. By 2022, only 7 out of 20 regions will recover the level of GDP before the advent of the pandemic (2019): Lombardy, Emilia R., Valle d’Aosta, Puglia, Abruzzo, Friuli VG and Trentino AA. The other 13 still aren’t. The territorial realities that have struggled more than others to recover the lost ground are Tuscany (-1.4%), Calabria (-1.8) and, finally, Sardinia (-2.1). In 2022, the average growth of Italian GDP is estimated at 2.9%. A level lower than that hypothesized, for example, in recent weeks by the Bank of Italy (+ 3.2%) or the Istat growth figure (+3.4). In fact, the CGIA believes that the economic / social scenario will be particularly difficult next autumn. Expensive energy, galloping inflation, the developments of the war in Ukraine and a possible resurgence of Covid risk “slowing down” the economic momentum gained in Italy in the first part of 2020 with more force than expected. Draghi to counter the crisis, the good performance of tourism, investments (especially in construction) and exports are the most significant items in the current economic recovery. (HANDLE).

Source: Ansa

Share this article:

Leave a Reply

most popular