MAcro

1. InFlation

2. Inflation Rate
• Current = 1.20% as of April
• Nation’s CPI increased by 0.1 compared to
previous month
• Slowdown is due to downward impact effect
of Transport and Housing, water, gas/fuels,
electricity
• CPI increase due to rise in P of communication
and the impact of seasonal factors.

3. Since 2000..
3.5
3
2.5
2
1.5
1
0.5
0
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

4. Unemployment
• 11.5% in March
• 22.7M employed in March 2013
• Youth Unemployment inc to 38.4 (37.8)
• In March 51,000 fewer people in work since
last month (248,000 since 2/12)

5. Unemployment Since 2000…
12.0
10.0
8.0
6.0
4.0
2.0
0.0
Harmonized Unemployment Rate: All Persons for Italy
Jan-00 Jan-02 Jan-04 Jan-06 Jan-08 Jan-10 Jan-12
Percent
Source: Organisation for Economic Co-operation and Development/FRED
Table
1/1/2000 10.1
1/1/2001 9.1
1/1/2002 8.6
1/1/2003 8.5
1/1/2004 8.0
1/1/2005 7.7
1/1/2006 6.8
1/1/2007 6.1
1/1/2008 6.8
1/1/2009 7.8
1/1/2010 8.4
1/1/2011 8.4

6. L.F.P Since 2000…
50.5
50.0
49.5
49.0
48.5
48.0
47.5
47.0
Labor Force Participation Rate in Italy
Jan-00 Jan-02 Jan-04 Jan-06 Jan-08 Jan-10
Percent
Source: U.S. Department of Labor: Bureau of Labor Statistics/FRED
Table
1/1/2000 49.5
1/1/2001 49.7
1/1/2002 49.9
1/1/2003 49.6
1/1/2004 49.1
1/1/2005 48.7
1/1/2006 48.9
1/1/2007 48.6
1/1/2008 49.0
1/1/2009 48.4
1/1/2010 48.1
1/1/2011 48.1

7. Industry Sectors
• Service Sector- 61.9% of Italian workforce
• Industrial Sector underwent rough period of
restructuring/jobs lost
• Older workers to retire or go to training
programs

8. Sites
• http://www.tradingeconomics.com/italy/une
mployment-rate
• http://www.tradingeconomics.com/italy/inflat
ion-cpi
• http://secure.alacra.com/cgi-bin/
alacraswitchISAPI.dll