Il Intesa Sanpaolo studies and research service published its monthly note, a faithful snapshot of the economic scenario of the Italian economy in January 2013, in the midst of a particularly delicate moment for the country's financial and political fate.
In such a complicated context, according to Intesa's analysis, the most important engine, perhaps the only one, for growth can and must be export, which despite the crisis continues to hold: exports to non-EU countries, in these first months of the new year, will have to be the driving force of the Italian economy, while the trade balance shows a positive balance of more than 2 billion euros, also due to the drop in imports due to the drop in domestic demand.
Other important data contained in the report are those on contractual wages and consumer confidence, which are traveling towards new low levels. The note from Intesa Sanpaolo, then, also consists of an articulated focus on banking sector trends, with a particular focus on collections and deposits.
Attachments: compass_january2013.pdf
