The third trimester of 2024 "was
lost" with an estimated 0.6% economic growth compared to the
previous year and hopes now pinned on the fourth trimester of
this year, retailers' association Confcommercio warned Friday.
GDP is "stationary" and the "summer months, more than dispelling
concerns, appear to have consolidated the climate of
uncertainty" with "signs of a slowdown" appearing to have
emerged, the association said in its report elaborated by the
Confcommercio research centre.
According to the report Congiuntura Confcommercio, after the
industrial sector, "services start registering symptoms of
frailty", which could "complicate the possibility of GDP growth
for 2024 around or just over 1%", except for the expected
correction due to four additional working days this year.
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