RaboResearch - Economic Research

Economic Update

Economic Update Italy

In the first quarter of 2012, the Italian GDP fell back for the third in a row. Consumer and producer confidence has deteriorated over the past months. This makes it very likely that the recession stretches out into the third quarter of 2012.

Country Report

Italy (Country report)

The Italian economy fell back into recession in the second half of 2011. We expect the recession to continue in the first half of 2012 and for unemployment to rise further.

Economic Update

Economic Update Italy

The Italian economy fell back into recession in11Q3. The pace of decline probably accelerated in the fourth quarter and we expect a further contraction in 12Q1. The announced austerity measures will hold back growth in 2012 as a whole.

Economic Update Dutch version

Country Update Italy

The Prime Minister of Italy, Mario Monti, faces the difficult task of lowering the budget deficit and enacting structural reforms while the economy is falling back into recession. Under the motto Save Italy, the first set of measures has been passed.

Economic Update Dutch version

Country Update Italy

In the second quarter, the Italian economy managed to realise a modest acceleration in growth. But both industrial production and sentiment indicators point to a new recession in the second half of the year.

Economic Update Dutch version

Country Update Italy

After two quarters of contraction and stagnation, industrial production grew again in the second quarter of this year. But sentiment indicators suggest that this growth revival may be shortlived.

Economic Update Dutch version

Economic Update Italy

The Italian economy has started 2011 as weak as it ended 2010. The economic recovery is clearly lagging that in the northern part of the eurozone.

Country Report

Italy (Country report)

The Italian economy has many structural weaknesses, leading to low economic growth before recession and now to a very sluggish recovery. The government deficit is estimated to have been better than expected in 2010, and compares favourably to a number of other European countries.

Economic Update Dutch version

Economic Update Italy

After the further moderation of economic growth in the last quarter of 2010, the Italian economy started the year on a weak note as well. But both the manufacturing purchasing manager index and the rise in new orders point to better days ahead.

Economic Update Dutch version

Economic Update Italy

The sluggish economic recovery seems to have come to a halt in the last quarter of 2010. Export growth kept up well, but this has not been translated into higher industrial production. In all, the Italian economy had a rather weak close to 2010. With government austerity having started in January 2011, the start of this year probably has not been much stronger.