Tag: GDP

Government’s GDP check: Italian economy slows more than expected

Government’s GDP check: Italian economy slows more than expected

At the beginning of August, Economy Minister Giancarlo Giorgetti announced that he was “cautious and responsibly optimistic” about the future of the Italian economy and was convinced that “it can achieve the expected 1 percent growth in December”. despite some destabilizing factors such as rising interest rates and war. A month later, Istat revised down […]

Will the Polish economy avoid a recession? A clear statement from the government

Will the Polish economy avoid a recession? A clear statement from the government

This year we will not experience a recession and next year GDP growth will accelerate to at least 3 percent, estimates Deputy Finance Minister Artur Soboń. – We close the year 2023 with economic growth – here we have a full consensus from the rating agencies, the European Commission. And in 2024 the Polish economy […]

Poland’s GDP decline. Tusk: We were the leaders of Europe, today we are scrubbing the bottom

Poland’s GDP decline. Tusk: We were the leaders of Europe, today we are scrubbing the bottom

“PiS has wasted the collective Polish work of the last 30 years. We were the leaders of Europe, today we are scrubbing the bottom,” Donald Tusk wrote on the X website, commenting on the graphic of one of the websites. Poland entered a technical recession. In the second quarter of 2023, GDP fell by 0.5 […]

GDP contraction deeper than expected. The Central Bureau of Statistics has provided the data

GDP contraction deeper than expected. The Central Bureau of Statistics has provided the data

Poland entered a technical recession. In the second quarter of 2023, GDP fell by 0.5 percent. Every year. In the previous quarter, the decrease was 0.3 percent. “According to the flash estimate, seasonally adjusted gross domestic product (GDP) fell 0.5% year-on-year in real terms in the second quarter of 2023, compared to an increase of […]

“Let the numbers speak!” Prime Minister: PiS rule is just a good rule

“Let the numbers speak!” Prime Minister: PiS rule is just a good rule

Prime Minister Mateusz Morawiecki showed a data card. It is about government debt to GDP under the rule of PiS and the PO-PSL coalition. “The PiS rule is just a good rule! Let the numbers do the talking! This time let’s take a look at the public debt in relation to GDP,” Prime Minister Mateusz […]

Meloni satisfied with IMF forecasts, what it says about GDP and budget

Meloni satisfied with IMF forecasts, what it says about GDP and budget

Italy is growing faster than France and Germany. Meloni pleased with the International Monetary Fund’s GDP forecasts. “The International Monetary Fund’s upward estimates of Italy’s GDP confirm the effectiveness of the government’s economic policy and encourage us to continue on this path and do even better.” Thus, premier Giorgia Meloni. “Italy – underlines – in […]

What next with inflation in Poland? The NBP presented the prognosis

What next with inflation in Poland? The NBP presented the prognosis

According to the National Bank of Poland, CPI inflation will reach 11.9 percent this year. GDP, in turn, will close in the range of -0.2 to 1.3 percent. NBP has published the document “Inflation Report – July 2023” on its website. Central bank analysts presented their estimates of inflation and GDP growth this year. According […]

Production drops as Meloni celebrates GDP. Consob: “Risks for democracy”

Production drops as Meloni celebrates GDP. Consob: “Risks for democracy”

Industrial production is in free fall, investment is at a standstill, savings are at stake: the Italian economy is not looking as healthy as Prime Minister Meloni would like us to believe. The data announced by Istat and Consob today, despite the distorting effect of Pnrr on growth forecasts, draws a pessimistic scenario for our […]

GDP grows, debt decreases. But there is one unknown Pnrr

GDP grows, debt decreases. But there is one unknown Pnrr

After +3.8% in 2022, Italy’s GDP should grow by 1.2% in 2023 (almost double what was stated on 17 March) and then to +1% in 2024 should slow down. The OECD (Organization for Economic Co-operation and Development) was presented today. The debt/GDP ratio should decrease to 140.7% in 2023 and 139.4% in 2024, after stabilizing […]

Left also denied by Istat: economy will grow even with Meloni government

Left also denied by Istat: economy will grow even with Meloni government

The Meloni government should have been a disaster for international relations, especially with the European Union, and for our country’s economy. But that was not the case and the umpteenth denial of the ghosts agitated by the left before the political elections of last September arrived. Italian GDP, informs Istat, should in fact grow both […]

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