Unemployment 8, 6%,
record among young
Raise your head Inflation: 2.4% in February
.
.
. lost 83,000 jobs since December, an increase of 2.8% on an annual basis. The percentage of unemployed under 24 share reached 29.4%, never so bad since 2004. Alarm also inflamed by the EU for the price of bread and oil. In 2010 GDP +1.3%, increases the deficit / GDP share to 4.6%
ROME - More than unemployment, especially youth, a strong leap in inflation, growth in 2010 slightly better than forecasts but still below the European average and destined to remain so next year, an improvement the ratio of deficit to GDP, now set at an altitude of 4.6%. These are in brief the indications coming from statistics released today by ISTAT and Brussels.
bread and petrol skyrocketing. A cause of major concern especially running in prices, driven by rising fuel and food, which could be pushed even further by the turmoil in the Arab world. According to provisional calculations ISTAT, inflation in February stood at 2.4%, up 0.3% in January. This is the worst since November 2008 when he was touched 2.7%. This figure was affected by increases in food and fuel. 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.
Brussels confirmation. forecast center of our statistics differ slightly from those of the European Union that inflation in Italy is set to rise in 2011 to 2.2%, in line with the average Eurozone and below the average EU-27 rose 2.5%. For our country - said Brussels - is a jump of four points from the previous forecast, mainly due to - you said - the idea of \u200b\u200ban increase in oil prices in coming months.
alarm work. definitely alarming data from the world of work. For the third consecutive month the unemployment rate stood at 8, 6%, an increase of 0.2 percentage points year on year. To grow, the Istat report, it is above the rate of youth unemployment (those aged between 15 and 24 years), reaching 29.4%. This is the record since January 2004 when the series started a month. In December 2010 the youth unemployment rate had stood at 28.9%.
Young penalized. According to Istat, the number of unemployed amounted to 2 million 145 thousand, an increase of 0.1% (+2 thousand units) compared to December. The result is a synthesis of the growth of female unemployment and the decline of the male. Year on year growth in the number of unemployed is 2.8% (+58 thousand units). Also in January are 22 million employed 831,000 units, down 0.4% (-83 thousand) compared to December 2010. In comparison with last year's Employment is down 0.5% (-110 thousand). The decrease in the month is due to both the male and the female component. The employment rate is equal to 56.7%, down 0.2 percentage points compared to December (the lowest since last August) and 0.4 percentage points from January 2010. Inactive people aged 15 to 64 years increased by 0.5% (80,000 units) compared to the previous month. The inactivity rate is 37.8%, after three months when it was stable at 37.6%.
In Europe it's better. The data Italian, although remaining better than average, is in contrast with that of Europe. Last January the unemployment rate in the 17 eurozone countries has in fact a slight decrease compared to December 2010, from 10 to 9.9%. The Eurostat said today. Similar trend was registered in the EU as a whole, where unemployment fell from 9.6 to 9.5%. Estimates of the European Institute of Statistics indicate that in the 27 EU countries the unemployed, last January, were little more than 23 million, of which only 15.7 in the Eurozone countries. Compared to the previous month there was a decrease of 43,000 units in the EU-27, and of 72,000 units in the EU-17, compared with a year earlier while the unemployed were found to be 99,000 in the Union and more broadly the same in the Eurozone.
Improve deficit / GDP ratio. Istat the figures on growth and debt. The Italian GDP in 2010 increased by 1, 3% above the target of the government (+1.2%). The deficit / GDP ratio in the same year was 4.6%, almost a point lower than the 5.4% recorded the previous year. The improvement, according to the statistical institute, is due to an increase of 0.9% of total revenue, and a -0.5% for the exits. Regarding indirect taxes, 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). Down also the overall tax burden (amount of direct, indirect, capital and social contributions to GDP) amounted to 42.6%, less than five tenths of a point compared to 43.1% in 2009.
slow growth in Italy. data to a certain extent, however, encouraging that clash with the predictions made by Brussels on EU growth for 2011. The Commission has revised upwards its estimates for both the Eurozone and the EU, respectively, indicating a 1.6% and 1.8%, better than anticipated in November with a 1.5% and a +1.7%. Reason: the best prospects in the global economy and business confidence. Eurozone recovery is being driven by Germany, while Italy Brussels confirms the estimate of autumn: 1.1%, well below the average.
Tremonti met. Economy Minister Giulio Tremonti shows still satisfied. "The good results of today - he says - are the result of good principles of all time. We do not follow fads, but pursued the common good." "With the right sleeve with his feet on the ground one step after another - he adds - the Italians and Italy are going in the right direction." Scathing assessment of the opposition instead. "Most youth unemployment, record unemployment in the South, record layoffs, record recession, a record of anemia in the second half, record inflation, record tax burden. The government of Berlusconi-Bossi-Tremonti is, undoubtedly, the government records, "said Stefano Fassina, Head of Economics and Labour of the PD.
NEGATIVE RECORD
.
.
0 comments:
Post a Comment