Italians save less and less, taxes at the top - PMI. Nominal incomes rise, purchasing power falls.
In 2023, current taxes paid by Italian families increased by 24.6 billion euros. For businesses, taxes on production mark an increase of 2, 2 billion euros (+7.5%). In 20 23 Italian savings will be at an all-time low In 2023 families' disposable income increased by 4.7%, but adjusted for inflation, their purchasing power decreased by 0.5%. Final consumption expenditure grows by 6.5% and families' propensity to save falls to 6.3%, from 7.8%.