When I do the vaccination
Vaccines are the only way out of the epidemic, as well as from the economic crisis. As the Bank of Italy recently mentioned this: if the vaccination plan is respected, Italy’s GDP growth in 2021 could exceed 4 per cent.
At the moment, we know which countries are advancing with vaccinations IsraelAnd the United kingdom e United States of America. It is no coincidence that these countries are the ones that are speeding up economic recovery from the crisis.
Indicators also show Small and medium-sized companies (PMI) in the service sector, and thus shops, restaurants, hotels and bars for example, and it is precisely those activities that suffer the most from closures. This data is the results of surveys that corporate purchasing managers respond to: they measure improvement if it is above 50, and worsens if it is lower. Basically, SMEs measure the rate of business confidence: if firms expect an improvement in the economy, they will issue more purchase orders and thus the index will grow. at United kingdom The improvement in expectations was first measured at the beginning of April: the last time was in September. The United States of America Instead, they have been in a growing trend for some time, and in April they set a new record.