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ISTAT

Italy has become a country of solo living

The number of single-person households is on the rise in Italy, fewer babies are being born and people are living longer, according to figures from Istat, the national statistics agency.

Italy has become a country of solo living
Stock image/Depositphotos

Italy’s low birth rate and aging population has long been recognised, but the more surprising aspect of Istat’s annual report for 2016 is that more people are living alone.

The rate of single-person households increased from 20.5 percent to 31.6 percent, while households made up of five or more people declined to 5.4 percent from 8.1 percent.

Meanwhile, the birthrate is continuing on its downward trend, with 12,342 fewer babies born in 2016 than in the previous year. Italy has the sixth lowest fertility rate in Europe, with 1.35 children born for every woman of child-bearing age.

At the same time, people are living longer, with life expectancy rising to 80.6 years for men and 85.1 years for women.

Italy’s population rate stood at 60,589,455 at the end of 2016, over 76,000 less than at the beginning of the year.

Foreigners make up 8.3 percent of the population, a figure that reflected little change from the previous year. The majority of Italy’s immigrant population come from the EU, followed by central and eastern Europe and North Africa.
 

ECONOMY

Italy’s economy grows slower than EU average

The Italian economy grew by 0.2 percent in the second quarter of 2015, lower than the EU average, according to figures released by the national statistics agency, Istat.

Italy's economy grows slower than EU average
Palazzo delle Finanze, headquarters of the Ministry of Economy and Finance. Photo: Nicholas Gemini/Wikimedia

The 0.2 percent increase in GDP between April and June matches the 0.2 percent increase Italy recorded for January – March 2015.

Seasonally adjusted primary estimates from Istat show that GDP was 0.5 percent higher than during the second quarter of last year.

The figures were more positive news for Italy's economy, which is finally seeing positive growth after a lengthy triple-dip recession. But growth in Italy is still lagging behind the EU average, which was recorded at 0.4 percent for the same quarter.

Italy's Ministry of Economy and Finance told Corriere Della Sera that the results had been “as expected” but that there is still plenty of work to be done.

“The country must do more in terms of political, structural and economic reforms to favour growth,” the ministry said.

Germany's economy, Europe's biggest, grew by 0.4 percent.

Raj Badiani, senior economist at IHS Global Insight, said the outlook for Italy remained precarious with low energy prices, the weak euro and loose monetary policy in the eurozone having provided a temporary boost which would not necessarily be sustained.

“The economy staggered out of yet another recession in the latter stages of 2014, while the anticipated resumption of growth in the first half of 2015 was disappointing given it was the first gain since mid-2011, and was a lacklustre return from extremely supportive external factors,” Badiani said in a note.

Unemployment at over 12 percent of the labour force continues to dampen a consumer-led recovery in Italy and many observers see the country's longer term prospects as being blighted by an array of structural factors, ranging from relatively high labour costs to stifling bureaucracy and corruption which act as barriers to inward investment.

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