« Back to أخبار

Budget deficit at 2.3%, best since 2007

News & Data JIACC

Italy’s budget deficit was 2.3% in the first nine months of 2017, 0.2 percentage points lower than the same period in 2016, ISTAT said Friday

Source: ANSA – This was the best figure since 2007, the statistics agency said. The third-quarter deficit was down to 2.1%, the agency said, compared to 2.4% in the third quarter of 2016. Italy’s tax burden fell 0.4 percentage points in the third quarter of 2017 compared to the same period in 2016, falling to 40.3%, its lowest since 2011, ISTAT said Friday. The nine-month figure, at 40.2%, is also the lowest in six years, the statistics agency said. Italian household income rose 0.7% in the third quarter of 2017 over the second quarter and by 2.1% over the third quarter of 2016, ISTAT said Friday. Purchasing power rose by 0.8% and 1.1% respectively, the statistics agency said

To read the full article

® JIAC 2017 – C.F. 97866940584 - Credits