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More wealth produced by Italians

The latest research by Unioncamere shows that this year more added value will come from Italy, led by Milan. Improvement and growth on the export and employment front.

More wealth produced by Italians

Five hundred and seventy euros more in the pockets of every Italian. This was declared by the latest study by Unioncamere, presented at the 133rd meeting of the presidents of the chambers of commerce.
This year, every citizen will produce an average of 23.500 euros of added value. However, the growth is not uniform throughout the Peninsula: in the Lombard capital, 35 euros will be reached, which will increase the wealth of every Milanese by 1.360 euros. Bologna and Belluno will also see growth of more than a thousand euros. On the contrary, Imperia, Grosseto, Pesaro and Urbino will not have any increase in per capita added value, while Crotone will be placed at the bottom of the ranking with a slight decrease.
"Italy is restarting even if there are still considerable territorial differences", declared the president of Unioncamere, Ferruccio Dardanello. In order for the country to start running again, reforms are needed that simplify the life of businesses and for this reason the Chambers of Commerce have invested in administrative simplification. “But there is still a lot to do – added Dardanello -, starting with the full take-off of the one stop shop for production activities”.
He also recalled that Italy is the first EU country, after Germany, for presence on non-European markets, but above all the first, after China, for the quantity of goods sold in emerging countries. It is exports that are making the difference in terms of added value this year. These are signs of a highly competitive system which however needs to be strengthened: only 5% of companies that export do so on a stable basis.
Good news also with regard to employment. Almost 317 hires are expected in Italian companies by the end of June, of which 220 of a non-seasonal nature. The services sector as a whole should above all be driving the recovery in revenues, while the tourism sector is declining. It is interesting that on this front the South is seeing a recovery: just under 100 hires are expected in the second quarter, 18.580 more than in 2010.

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