Economic developments in the Italian regions in the year 2001Annual report

The Italian economy’s rate of growth fell from 2.9 per cent in 2000 to 1.8 per cent in 2001. The slowdown in world trade contributed to a sharp deceleration in exports, which, together with the uncertain economic outlook, depressed the growth rate of investment. Consumption also expanded more slowly. Signs of an upturn in economic activity appeared towards the end of the year.