Employment to grow faster than GDP - Istat
- Italian Chamber of Commerce in the Philippines
- 5 days ago
- 1 min read
Statistics agency sees more moderate inflation
Employment growth is set to outstrip GDP over the next two years and inflation is set to decelerate, Istat said on Friday in its outlook for 2025 and 2026.
"Employment, measured in terms of Full Time Equivalent (FTEs), would grow slightly faster than GDP (+1.1% in 2025 and +1.2% in 2026), albeit at a slower pace than in previous years, accompanied by a further decline in the unemployment rate (6.0% this year and 5.8% in 2026)," the national statistics agency said.
After the rise in prices between late 2024 and the early months of 2025, a more moderate inflation trend is expected over the year, supported by falling energy prices and weakening demand prospects.
"The increase in the household spending deflator in 2025 would be in line with these developments (+1.8%), followed by a slight further decrease in 2026 (+1.6%)".
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