Industrial production is estimated to have increased by 2.5 per cent since the middle of 2003. In Italy, GDP rose by 0.4 per cent in the first quarter. Consumption showed a recovery, as did business investment, which had the fallen in the two previous years. Exports declined in spite of an acceleration in world demand. Agriculture and services drove the expansion in GDP.
Unpredictability not only of the extent of change over any given time period but also the direction of change. It affects all of us because we are required to take decisions today that will fructify at a future point in time.