Caro-top prices since 2008: +11.8% gasoline, bread +1.2%. Since GDP better than expected Government
E ' record for inflation in February: According to provisional calculations Istat stood at 2.4%, up 0.3% in January. This is a new record, since the last time it touched a higher level (2.7%) was in November 2008. This figure was affected by increases in food and fuel . Rather good data on the growth 2010. GDP rising at 1, 3%, against a forecast of +1.2%. Also improved the deficit-GDP ratio to 4.6%. Salt instead of the debt. Bad data on the front unemployment, especially among young people.A PETROL February +11.8%, +1.2% BREAD - continue to raise prices of basic goods like fuel and food. In particular, Istat said, gasoline prices rose in February by 0.8% on a monthly basis, with annual growth of 11, 8%. Salt also heating oil (+1.8% +17.2% on the month and up). Significant growth in the prices of food, in particular bread increased by 0.3% over 1 month, 2% over the year. Fly also fresh fruit, that in one month rose by 1, 8% and 2.4% compared to February 2010.
GDP: +1.3% GROWTH 2010 - The year 2010 ends with a growth 1 of GDP, 3%. This was communicated by ISTAT. The figure is better than expected by the government that the decision to finance public had shown a 1.2%. Growth contributed 0.6 percentage points the consumption of resident households, while expenditure of government marked a -0.1 percentage points. Also fell (0.4 points) foreign demand.
PUBLIC ACCOUNTS: DEFICIT TO 4.6% 2010 - The deficit-GDP ratio stood at 4.6% in 2010. This was communicated by Istat, which has revised upwards since the 2009 and the deficit at 5.4%. The improvement is due to an increase of 0.9% of total revenue, and a -0.5% for the exits. To On the revenue side, there is an increase of 5.1% largely due to the increase in VAT collection (they have influenced the rules for the enforcement of VAT credits used to offset non-existent).
Sale in 2010, the debt-GDP. According to Istat, stood at 119% of GDP. It is about three points more than the last estimate that gave the report in 2009 to 116.1%.
2010 TAX \u200b\u200bPRESSURE FALLS TO 42.6% - Cala pressure of taxation. In 2010, according to ISTAT, stood at 42.6%, or five-tenths of a point lower than 43.1% in 2009. Improve the primary surplus, which last year stood at -0.1% of GDP compared to -0.7% in 2009.
Rehn, June ITALY FOR GROWTH 'DEBT AND REFORMS - "Italy is faced with twin challenges: fiscal consolidation by reducing the high public debt and ensure a more rapid recovery through structural reform": it was said European Commissioner for Economic and Monetary Affairs Commissioner Olli Rehn stressed in particular that our country needs a policy of wage restraint to avoid further loss of competitiveness. "
SACCONI, concern increases in energy prices - The Labour Minister Maurizio Sacconi, said with "concern" about rising inflation driven by energy prices. Sacconi also said the figures released today by ISTAT on employment in January (-83 000 employees since December, -110 000 compared to January 2010), stressing that the economic recovery so far has led to the "absorption of laid off" as we are in place "widespread restructuring." "Worries - says the minister in a note - the price dynamics of energy and food commodity driven by demand from emerging countries, factors of instability and speculative pressures. It follows that imported inflation does not help the domestic consumption and economic growth. Employment - continued - remains stable because on the one hand, the growth leads to resorption of cassintegrati and other renovations are being disseminated to the traditional production system. "The measures being developed to accelerate growth with employment - he said - can lead to good effects on the second half of the year, raising the trend growth of GDP. As for young people - he concludes - is approaching the revival of the apprenticeship contract through delegated decree of reform, as we are working for more effective education and training policy. "
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