Italy and a basic view of it's economy

Italy is a country well known for its:

• Cuisine, Roman Catholic Church, The Pope, signature brands of cars and fashion, architecture, renaissance, wine, coliseums, opera, romance, museums, history and etc.

However, we should take into account the other factors within the country. Specifically speaking; we should focus on how well the economy of the country is doing. When we think of a country’s economy, we should include Gross Domestic Product, Inflation rate and Unemployment rate.

The Gross Domestic Product for Italy that was reported in the last quarter is an annual rate of 0.40 percent. The picture below illustrates a better picture of Italy’s Gross Domestic Product over the years.

The Inflation rate for Italy that was reported on August 2010 was 1.40 percent. The picture below illustrates a better picture of Italy’s inflation rate over the years.

The Unemployment rate for Italy that was reported on June 2010 was 8.50 percent. The picture below illustrates a better picture of Italy’s unemployment rate over the years.

The Gross Dometic Product, Inflation rate and Unemployment rate are a few things to consider and examine in a country. It’s important to know these factors to better our knowledge with the country of our interest. Addititionally, It will help us give a clearer picture of the country itself.

Work Cited:
<http://www.tradingeconomics.com/Economics/Inflation-CPI.aspx?Symbol=ITL>
<http://www.tradingeconomics.com/Economics/GDP-Growth.aspx?Symbol=ITL>
<http://www.tradingeconomics.com/Economics/Unemployment-Rate.aspx?Symbol=ITL>