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As national restrictions to fight the COVID-19 pandemic crisis were progressively lifted in the first half of the year, the Euro Area has been experiencing positive economic growth throughout 2021. In 2021-Q3, average GDP grew by 2.19 percent relative to 2021-Q2 and by 3.85 percent relative to 2020-Q3. The average unemployment rate is at 7.50 percent, about half a percentage point lower than in the previous quarter. There is a moderate inflation rate, reflecting the economic recovery, with prices having increased by 0.56 percent relative to the previous quarter and 2.83 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 in 2022, while unemployment will slightly increase until the end of the year, reaching 8.3 percent, and gradually decline in 2022. Inflation is expected to be strong throughout the following quarters, reaching 2.27 percent at the end of the year, and to stabilize at 1.20 percent in 2022. These predictions are based on the expectation that economic activity will gradually transit towards normalcy.


January 2022

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

Via Luigi Favre 16
CH-6828 Balerna (Switzerland) 

T. +41582119100
F. +41582119101


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

Via Luigi Favre 16 
CH-6828 Balerna (Switzerland)

T. +41582119300
F. +41582119301


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

T. +41582119500
F. +41582119501


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


Stalvedro Easy Stop SA
Stalvedro 4, CH-6780 Airolo

T. +41582119950


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