The Italian national bureau of statistics predicts means shrinking GDP 1.5% this year

Xinhua net Rome May 22, (reporter WangYun add) Italian national bureau of statistics 22, the forecast cheap chanel bagssaid published this year, Italy's gross domestic product (GDP) will shrink by 1.5%, but next year can achieve 0.5% increase. The report said that, despite the strong external demand to promote the export of Italy realizechanel bag growth this year, but not enough to make up for the Italian domestic demand fell significantly damage, leading to gross domestic product this year in 1.5% of negative growth.The report estimates that this year than last year of Italy chanel bagswill import significantly reduced, decline of 4.8%. The report said, by negative emotions and the credit crunch the influence of such factors as expectedchanel bag sale this year, of the total social investment will Italy drop;At the same time, the level of the purchasing power of the family and the unemployment rate down ascension will lead to private consumption decline.The report estimates that Italy's unemployment rate this year at 9.5%, is 1.1% higher than last year. The report estimates that global warming will be next year trade to Italy's gross domestic product appearchanel bag price growth of 0.5%, while imports also will appear growth of more than 2%.But because the private consumption and investment is still weak, the lead to domestic demand for economic contribution to the growth of remote. The Italian national bureau of statistics said, today, the two years Italy's economic outlook also faced a series of economic downside risk, financial situation tense, sovereign debt crisis again spread and global trade slowed recovery are possible factorschanel bag wholesale such as sharply reduce Italy's economic growth. On that day, the organization of economic cooperation and development forecast released report said, today, the two years of Italy's GDP will appear respectively 1.7% and 0.4% of the negative growth, and the Italian national bureau of statistics Chanel 2.55(NBS) than predicted results more pessimistic. The report said that, in order to realize the public financial budget balance, from at the end of 2011 and Italy a series of important measures of structural reform, public spending cuts and tax increases