Unemployment in Italy

Italy Unemployment | Economic News & Forecasts

Italy - Unemployment

GDP grew in sequential terms in Q3, albeit at a slightly softer pace than in Q2. Although a breakdown by expenditure is not yet available, the print underlined that both domestic demand and the external sector contributed positively to growth. On the production side, data showed that the industrial and services sectors recovered, while agricultural production fell. Moving on to Q4, available signs are positive: Consumer confidence rose above Q3’s average in October, boding well for private spending. Meanwhile, a similar development in business sentiment in the same month should be supporting fixed investment. Additionally, the Ita-coin indicator produced by the Central Bank suggests that Q3’s momentum carried over into October. However, despite increasing in almost every subsector, the services PMI clocked a softer improvement in conditions in the month, due to deteriorating foreign demand.

Italy - Unemployment Data

2015   2016   2017   2018   2019  
Unemployment Rate11.9  11.7  11.2  10.6  9.9  

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Italy Unemployment Chart


Italy Unemployment
Note: Unemployment in % of active population.
Source: National Statistical Institute (ISTAT)

Italy Facts

Value Change Date
Bond Yield1.31-0.40 %Jan 01
Exchange Rate1.120.65 %Dec 31

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