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As national restrictions to fight the COVID-19 pandemic crisis were progressively lifted during 2021, the Euro Area experienced positive economic growth throughout the year. Even though in 2021-Q4 GDP in the the Euro Area grew only by a modest 0.29 percent relative to 2021-Q3, we observe a substantial increase (4.60 percent) relative to the same quarter of the previous year. The decrease in the unemployment rate to 7.13 percent, and the positive inflation rate reflect the economic recovery, with prices having increased by 1.73 percent relative to the previous quarter and 4.63 percent relative to the same period of the previous year. According to the OECD economic outlook, GDP is expected to continuously grow and to stabilize at an annual growth rate of about 4.0 percent towards the end of 2022. Unemployment will decline to 6.8 percent, and inflation is expected to stabilize at 1.75 percent in 2023.

Eurozona

April 2022

ECSA Chemicals AG
Burgauerstrasse 17
CH-9230 Flawil (Switzerland)

Via Luigi Favre 16
CH-6828 Balerna (Switzerland) 

T. +41582119100
F. +41582119101

CHE-143.818.564

ECSA Maintenance AG
Burgauerstrasse 17 
CH-9230 Flawil (Switzerland)

Via Luigi Favre 16 
CH-6828 Balerna (Switzerland)

T. +41582119300
F. +41582119301

CHE-143.818.564

ECSA Energy SA
Via Luigi Favre 16 
CH-6828 Balerna (Switzerland)

T. +41582119500
F. +41582119501

CHE-143.818.564

ECSA ITALIA Srl Società
con Unico Socio
Via Lavoratori Autobianchi 1 
I-20832 Desio (MB)
(Stabile n. 15 - Polo Tecnologico della Brianza)

T. +39 0362 625 421
F. +39 0362 304 361

P.IVA IT00222470130

Codice destinatario: C1QQYZR

Porta Ticino Easy Stop SA
Via San Giorgio 37
CH-6877 Coldrerio

T. +41582119910
F. +41582119911

CHE-477.597.888

Stalvedro Easy Stop SA
Stalvedro 4, CH-6780 Airolo

T. +41582119950

CHE-315.206.664

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