Tourism is buoyant but manufacturing slows down. The problems of the Made in Italy bill

Tourism is pulling, manufacturing is slowing down: are we therefore facing a relay race for GDP? The question is more than legitimate and has begun to circulate insistently after the latest data on industrial production. And the very recent economic report by Ref Ricerche summarized the theme with these words: “International trade has stopped. For Italy, the external context is therefore less positive: the scenario has worsened for the industrial sectors more dependent on international demand and the recovery remains entrusted to the driving force of tourism and construction”. Indeed, in April, industrial production fell by 1.9 percent month-on-month and even by 7.2 percent year-on-year.