"More than half of the population says they have experienced a contraction in family income following the measures taken to contain the epidemic. The impact has been particularly severe for self-employed workers." This is what emerges from the extraordinary survey on Italian families (ISF) conducted between April and May by the Bank of Italy to collect information on the economic situation and expectations of families during the crisis linked to the Covid-19 pandemic.
"More than a third" of those interviewed in the Bank of Italy's extraordinary survey on households "declare that they have sufficient financial financial resources for less than 3 months to cover essential household consumption costs in the absence of other income, a period compatible with the duration of the lockdown linked to the Covid-19 "emergency. According to the survey, "this share exceeds 50 percent for unemployed and fixed-term employees. Just under a fifth of self-employed and fixed-term employees are in this condition and have simultaneously suffered a 50 percent reduction in family income in the first two months of the health emergency. "
Almost 40 percent of indebted individuals say they have difficulty in supporting mortgage payments due to the crisis; the share is higher in the Center and in the South. "Only a third of those who are in difficulty with the payment of mortgage payments have appealed or intend to use the mortgage moratorium. Among those who have a loan for consumer credit, the percentage of individuals in difficulty with the payment of the installment is 34 percent. "
No vacation for nearly a third of families. The extraordinary survey of the Bank of Italy also shows that about 30% of the population declares that they cannot afford to go on vacation next summer and almost 60% believe that even when the epidemic is over, their expenses for travel, holidays, restaurants, cinemas and theaters will in any case be less than the pre-crisis ones.