Post by account_disabled on Mar 12, 2024 4:15:24 GMT -5
The decree that declared all of Italy a Protected Zone until 3 April 2020 caused all activities to stop, with. An inevitable measure, but with consequences for the budget. FTSE MIB decline As the number of Coronavirus cases increases, the FTSE MIB, the most significant stock index on the Italian Stock Exchange, has recorded one of its most significant declines. On 28 February 2020 the index lost 126%, thus placing the last week of February eighth among the 15 worst for the Italian stock market since 199 Decrease in GDP retail-trade-sales-monthly-index-in-italy-2017-2020 Source: Statista In June 2020, the retail sales index stood at 100 points.
Between 2017 and 2020, the lowest values were recorded in March and April 202 According UAE Phone Number to a July 2020 forecast, Italy's GDP could drop by 12 percent in 202 Several GDP growth estimates have been published since the Coronavirus outbreak, considering different scenarios. For example: forecast-impact-coronavirus-by-industry Source: Statista According to the estimate, the sectors affected the most are textiles, rail and air transport, hotels, catering, shows and sporting events. On the contrary, the industries that could benefit in terms of GDP growth are food, healthcare, chemicals for home and personal care, publishing, communication and IT services.
From region to region, as well as from sector to sector, the spread of the Coronavirus is having different consequences. The most affected regions In a survey conducted in March, many Italian companies declared that the Coronavirus had an impact on their business: perceived-impact-of-coronavirus-among-italian-companies-2020-by-region Source: Statista The sectors most affected Obviously, the consequences are different from sector to sector. While for food, drinks and tobacco a growth of 10 million euros can be observed, the hotel and restaurant sector will have to face a loss of over 20 billion. estimated-impact-of-coronavirus-on-consumption-value-in-italy-2020-by-sector Source: Statista Furthermore, the transport sector was the second most affected , recording a loss of more than 15 billion euros.
Between 2017 and 2020, the lowest values were recorded in March and April 202 According UAE Phone Number to a July 2020 forecast, Italy's GDP could drop by 12 percent in 202 Several GDP growth estimates have been published since the Coronavirus outbreak, considering different scenarios. For example: forecast-impact-coronavirus-by-industry Source: Statista According to the estimate, the sectors affected the most are textiles, rail and air transport, hotels, catering, shows and sporting events. On the contrary, the industries that could benefit in terms of GDP growth are food, healthcare, chemicals for home and personal care, publishing, communication and IT services.
From region to region, as well as from sector to sector, the spread of the Coronavirus is having different consequences. The most affected regions In a survey conducted in March, many Italian companies declared that the Coronavirus had an impact on their business: perceived-impact-of-coronavirus-among-italian-companies-2020-by-region Source: Statista The sectors most affected Obviously, the consequences are different from sector to sector. While for food, drinks and tobacco a growth of 10 million euros can be observed, the hotel and restaurant sector will have to face a loss of over 20 billion. estimated-impact-of-coronavirus-on-consumption-value-in-italy-2020-by-sector Source: Statista Furthermore, the transport sector was the second most affected , recording a loss of more than 15 billion euros.