Italy's public debt increased at the rate of €10.4 billion per month in the first eight months of 2023: a pace higher than both the average monthly €6.4 billion in 2022 and €8.8 billion in 2021. Compared to the previous two years, 2023 is the worst year from the point of view of the debt run: that's why rating agency Moody is eyeing on the statistics and will update its rating on Italy next Friday. Compared to last year, the speed of growth of the "sinkhole" in public finances has risen by 62%, while compared to 2021 it has grown by 18%. In contrast, between 2022 and 2021 there had been a slowdown in the pace of 27%. This is according to a report by the Unimpresa Study Center, according to which Italy's public debt as of last August came in at €2,840.6 billion, up €83.7 billion compared to 2022, when it stood at €2,756.9 billion, up €77.3 billion over the previous year.