In short, this year we have “defeated” everyone, proving that we have successfully left the pandemic crisis behind us. “Of course – warns the CGIA – 2023 will be a difficult year: in fact, very worrying winds of crisis are blowing across Europe. However, with an economy that has definitely strengthened in the last two years, we should have fewer problems than others face this new adverse scenario”.
In the post Covid we have no rivals – Although the economic effects caused by the pandemic in 2020 were more negative in Italy (-9 per cent of GDP) than in Berlin (-3.7%) and Paris (-7.8%), even extending the observation (third quarter 2020 versus third quarter 2022), our country’s score was higher than that of our competitors. If in Italy the GDP increased by 7.5%, in France the increase was 4.6% and in Germany by 3.2%. In the Euro-19 area, on the other hand, it reached 6.3%
Services and industry drive the recovery – Recalling that given 100 of the Italian GDP, 73 per cent is attributable to services (Public administration, commerce, tourism, business and personal services, etc.), 20 per cent to industry, 5 per cent to construction and the 2 percent to the primary sector (agriculture, fishing, etc.), in the first 9 months of this year national wealth increased by 4.4 percent. The major contributions to growth are to be ascribed, in particular, to the most significant sectors of our economy. Although the data are partly “conditioned” by the increase in prices, in the first nine months of 2022 the turnover of services rose by 15.3 per cent and that of industry by 19.4 per cent, while production in construction increased by 14.1 percent.
Revenue boom for air transport and travel agencies – From the analysis of the sub-sectors it emerges that in services the 2022 turnover on that of 2021[2] of air transport and travel agency-tour operators has more than doubled. In the first case, the increase was 102.8 per cent, in the second case even 123.2 per cent, but despite these growth rates, these two sectors still suffer from a significant gap compared to pre-Covid levels (Tab . 2). Finally, in the manufacturing sector, the results of the increase in the production of technological products (+7.4 per cent), petroleum products (+8.4 per cent), pharmaceuticals (+8.7 per cent) and textiles stand out -clothing (+9 percent)
