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[BUSINESS] · Italy · 8 sources

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Palermo reports positive economic indicators in innovation and credit

An analysis by the G. Tagliacarne Institute using Chamber of Commerce data shows that six out of ten economic indicators in Palermo are performing above the Italian national average.

Key growth areas include a 0.5% increase in active businesses between September 2025 and September 2026, contrasting with a 0.8% national decline. Innovative start-ups in the region rose by 7%, while the national average fell by 5%. Additionally, institutions in the National Single Register of the Third Sector grew by 15.7%, exceeding the national growth of 10.9%.

In the credit sector, bank deposits and postal savings increased by 6%, compared to 3.5% nationally. Loans to economic activities grew by 10.3%, significantly higher than the 2.5% national rate. Business forecasts for new hires also show a 6.7% increase for the fourth quarter of 2026, surpassing the national 2.5%.

However, the report highlights several challenges. Exports contracted by 70.6% in the first half of 2026 compared to the first half of 2025, while the national trend was a 4.5% growth. Employment in the region fell by 0.8%, contrary to a 0.6% national increase, and hours of wage guarantee fund (cassa integrazione) rose by 25%, whereas the national figure decreased by 18.7%.

Entities

Chamber of Commerce · G. Tagliacarne Institute · Palermo

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