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In the third quarter of 2023, the Euro Area experienced no economic growth due to stagnant private consumption, investments, government spending and a contraction in exports. Inflation is still high at almost 5%, because of supply chain disruptions in the aftermath of the pandemic, high energy prices, and persistent geopolitical tensions due to the Russian invasion of Ukraine. Nevertheless, it is gradually decreasing, as a consequence of the repeated monetary policy tightening measures of the ECB in the previous quarters. Unemployment is stable at 6.5%. The OECD economic outlook expects annual inflation to gradually decline, reaching 2.9% in 2024 and 2.3% in 2025. GDP is expected to grow at an average annual rate of 0.9% in 2024 and 1.5% in 2025. Unemployment is expected to gradually increase to 6.6% in 2024 and to slightly decrease again to 6.5% in 2025.

January 2024

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

Via Luigi Favre 16
CH-6828 Balerna (Switzerland) 

T. +41582119100

CHE-143.818.564

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

Via Luigi Favre 16 
CH-6828 Balerna (Switzerland)

T. +41582119300

CHE-143.818.564

Suncolor SA
Via d'Argine 1 
CH-6930 Bedano (Switzerland)

T. +41919455038

CHE-106.064.878

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

T. +41582119500

CHE-143.818.564

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

T. +39 0362 625 421

P.IVA IT00222470130

Codice destinatario: C1QQYZR

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

T. +41582119910

CHE-477.597.888

Stalvedro Easy Stop SA
Stalvedro 4, CH-6780 Airolo

T. +41582119950

CHE-315.206.664

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