ROMA (ITALPRESS) – “The price of oil no longer falls, the weak dollar compromises export, the cases of Venezuela and Greenland fuel the uncertainty that in Italy pushes families to save their consumption. In positive action the last acceleration on the Pnrr, the reduction of sovereign rates, the rise of credit. Industry remains volatile, investment is the only boost for GDP.” It is what emerges in Confindustria’s flash conjunction.
“The third quarter figures on total household income are encouraging (+1.8%). However, the propensity to save, due to uncertainty, makes a record leap (11.4% from 9,9%), holding to brake consumption, which grow only by +0.1%. In November retail sales increased (+0.6% in volume) and in December car purchases also increased. The number of employees, despite the slight reduction in the last month, remains on a trend of expansion”, continues the analysis.
As for industrial production, “in November it recovers, after the fall of October (+1.5% from -1.0%), determining a variation acquired in the 4th quarter of +1.0%. In December, however, the SMEs return to the recessive area, after the good data of the previous month (47.9 from 50.6) and the confidence of industrial enterprises in the final months of 2025 followed a similar profile in ups-downs). The Italian export “has recorded a marginal growth in November (+0.2% at constant prices), after the collapse in October (-3.1%). Among the destinations: Germany remains weak, France slows down, UK and Turkey fall, the U.S. also fails; some EU markets (Spain, Belgium, Austria) and Asian markets (India, Japan). Negative perspectives at the end of the year, according to foreign manufacturing orders, due to tensions and uncertainty that brake international chains.”.
– Photo IPA Agency –
(ITALPRESS).
