In Sardinia there are signs of improvement compared to the economic situation at the beginning of the year, thanks also to the good performance of the immunization campaign and the consequent reduced health risk.

The good news comes from the economic update on the island's economy carried out by the Bank of Italy.

In the second quarter of the year, in line also with what happened at the national level, the economic recovery was decided: the estimates based on the quarterly indicator of the regional economy of the Bank of Italy show a significant growth in the regional gross domestic product from April to June, after the minus sign of the first quarter.

In particular, the expansion was driven by investments, exports and the partial recovery of domestic consumption (one figure above all: the purchase of cars rose by 27%).

In the first six months of the year, Sardinian exports grew by 53.1% compared to the same period in 2020.

The most dynamic companies are those active in the services sector, which have benefited from the renewed demand for tourism (+ 50% compared to last year), transport, commerce and social activities, after the stop due to Covid-19.

In the secondary sector to shine are the regional energy companies, thanks to the strong demand for fuels for Italy and abroad, the food and chemical companies.

Thanks to home bonuses, construction is experiencing a moment of expansion, with the increase in private investments and public spending which are positively influencing the real estate market.

In terms of employment, the number of employees has grown since the second quarter but has not yet returned to pre-pandemic levels. The use of fixed-term contracts has especially increased, with over 55,000 jobs created since the beginning of the year.

Finally, at the banking level, there is an acceleration of loans to Sardinian families.

(Unioneonline / F)