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Svimez: Southern Italy is growing again in 2015

After 7 consecutive years of negative data, Svimez signals a recovery in gross domestic product, employment and consumption for the South - However, these are still timid signs: in 2015, in fact, GDP will grow by 0,1% in the South - The recovery affects all regions except Calabria

Svimez: Southern Italy is growing again in 2015

Lo SVIMEZ estimates for the first time in the last 7 years a very timid positive signal for the Noon. In fact, the Association, in the presentation today to the Chamber of Deputies of the Report on the economy of the South for the current year, estimated that the Italian GDP will grow by 2015% in 0,8, as a result of the +1% of the Centre-North he was born in +0,1% of the South.

If this estimate were to be confirmed, it would be the first percentage increase in the gross domestic product of the South since 2008 to date. According to Svimez i consumption they tow the GDP growth, estimated at +0,9% in the centre-north and +0,1% in the south. )”. Growth, according to the institute, "strengthens in 2016: the Italian GDP should increase by 1,3% as a synthesis of +1,5% in the Centre-North and +0,7% in the South".

on the ascent theoccupation, thanks to the planned tax relief: +0,9% in the Centre-North and +0,6% in the South. This too is a decidedly counter-tendency figure with respect to the very heavy data on the loss of employment in the South. Svimez underlines how in the period between 2008 and 2015 in Noon 576 jobs were lost compared to the total of 811. Furthermore, according to Svimez, compared with the second quarter of 2014, the data on the growth of employed persons is decidedly better in the South (+120 thousand units and an increase of 2,1%) compared to the Centre-North (+60 thousand units and +0,4, XNUMX%). 

"The recovery - says Svimez - concerns all regions except Calabria and essentially affects the agricultural and tertiary sectors" even if unemployment in the South remains at 20,2% against 12,1% nationally.

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