Well, since Ugo Bardi recently raised the question of whether Italy had not in fact passed its own historical “peak oil” and “peak mafia” points, I thought it might be interesting to ask what else has peaked in Italy, and what better place to start tha…
Italian consumer confidence bounced back in August from a 15-year low in July as oil prices fell from record highs. The Rome-based Isae Institute’s index, calculated from a survey of 2,000 families, rose to 99.5 from 95.8 last month. The index, however…
Is the first zone wide recession in the short history of the eurozone about to be registered? Certainly the flash PMI estimates for August give the impression that it might. The Royal Bank of Scotland Group Plc’s composite index came in at 48 after 47….
Guest Post by Ugo BardiCross-posted from The Oil Drum EuropeRyanair and the Italian government at odds with each other. This Ryanair advert shows Italy’s minister for reforms, Mr. Umberto Bossi, in an occasion where he was expressing his disagreement w…
According to preliminary data from national statistics office ISTAT this morning Italy’s GDP fell 0.3 percent in the second quarter compared with the first three months of the year and was unchanged year-on-year (ie zero percent annual growth). Final d…
Italian industrial output stagnated in June, and was down 1.8 percent from the level of June 2007. In seasonally adjusted terms Italian industrial output rebounded slightly and grew 0.1% month-over-month after falling 1.4% in May. But if we come to loo…
The euro zone’s services sector slid further into contraction in July, hitting a five-year low, while inflationary price pressures remained near record levels. Final data in the monthly PMI survey of private sector companies showed that of the big four…
Italy’s inflation rate climbed to the highest level in more than six years in July as food and gasoline costs continued to rise. Consumer prices calculated by European Union standards gained 4.1 percent from a year earlier, the most since the index was…
