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As national restrictions to fight the COVID-19 pandemic crisis were progressively lifted in the first half of the year, OECD countries experienced a rebound in economic growth. In 2021-Q2, average GDP grew by 1.7 percent relative to 2021-Q1 and by 13.1 percent relative to 2020-Q2. All components of GPD increased markedly. The average unemployment rate was at 6.57 percent and did not change relative to the previous quarter. It is, however, 2 percentage points lower than in the same quarter of the previous year. There is a moderate inflation rate, reflecting the economic recovery, with prices having increased by 1.65 percent relative to the previous quarter and 3.72 percent relative to the same period of the previous year. The latter follows from the high inflation rate in the United States. According to the OECD economic outlook, GDP is expected to continuously grow and to stabilize at an annual growth rate of about 5.0 percent in 2022, while unemployment is going to gradually decline, reaching 5.7 percent by the end of next year. Inflation is expected to persist throughout the following quarters, exceeding 3 percent towards the end of 2021, and to stabilize at 2.3 percent in 2022.

October 2021

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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