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In the second quarter of 2022, Italy experienced modest economic growth relative to the previous quarter. Consumption levels increased by 2.60 percent, investments increased by 1.70 percent, and exports increased by 2.52 percent. Only government spending has been cut back by 1.11 percent. GDP is 4.72 percent higher than in the same quarter of 2021, when COVID was still holding back of part of the economic activity in the country. The economic recovery, the production bottlenecks of the Chinese manufacturing firms that were forced to stop during the pandemic, and the uncertainty generated by the Russian invasion of Ukraine have contributed to increasing inflation rates, 1.83 relative to the previous quarter and 6.91 relative to the previous year. Unemployment decreased by almost half a percentage point to 8.07 percent. The OECD economic outlook expects annual inflation to decrease to 4 percent in 2023. GDP is expected to grow at an annual rate of 4 percent, while unemployment is expected to increase to 9 percent in the coming quarters and to slightly decline in 2023.

October 2022

ECSA Chemicals AG
Burgauerstrasse 17
CH-9230 Flawil (Switzerland)

Via Luigi Favre 16
CH-6828 Balerna (Switzerland) 

T. +41582119100

CHE-143.818.564

ECSA Maintenance AG
Burgauerstrasse 17 
CH-9230 Flawil (Switzerland)

Via Luigi Favre 16 
CH-6828 Balerna (Switzerland)

T. +41582119300

CHE-143.818.564

Suncolor SA
Via d'Argine 1 
CH-6930 Bedano (Switzerland)

T. +41919455038

CHE-106.064.878

ECSA Energy SA
Via Luigi Favre 16 
CH-6828 Balerna (Switzerland)

T. +41582119500

CHE-143.818.564

ECSA ITALIA Srl Società
con Unico Socio
Via Lavoratori Autobianchi 1 
I-20832 Desio (MB) - Italy
(Stabile n. 15 - Polo Tecnologico della Brianza)

T. +39 0362 625 421

P.IVA IT00222470130

Codice destinatario: C1QQYZR

Porta Ticino Easy Stop SA
Via San Giorgio 37
CH-6877 Coldrerio

T. +41582119910

CHE-477.597.888

Stalvedro Easy Stop SA
Stalvedro 4, CH-6780 Airolo

T. +41582119950

CHE-315.206.664

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