Istat, 4.1% Corporate Registration, Bankruptcy Slow (-18.6%) for the fourth quarter
In the fourth quarter of 2021, after the small decline of the previous quarter (-0.9%), the total number of new business records indicates a new cycle increase (+ 4.1%). Records show strong economic growth in the construction sector (+ 20.2%) and transport (+ 9.4%), while Istat reported a second consecutive decline in trade, down 5.2%. They also fell in hospitality and catering companies (-1.5%) and after a significant recovery in two quarters, production fell by 4.4%.
On average in 2021, the number of records (source data) increased by 14.6% compared to the previous year. Economically, in the last quarter of 2021, bankruptcy rates in all sectors are expected to decline significantly, according to Istat. The overall decline was 18.6% compared to the previous quarter and 21.3% compared to the fourth quarter of 2020. The total number of bankruptcies (source data) in 2021 has increased by 18.5% compared to 2020, but is still lower than observed. Pre-health emergency years.
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