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Confcommercio, consumption collapsed again, -8% in October

2020-11-17T17:17:49.863Z


After the strong recovery recorded in the third quarter, Confcommercio launches a new alarm for consumption, which fell in October, according to the economic index calculated by the association of 8.1% compared to the same month of 2019. (ANSA)


(ANSA) - ROME, NOVEMBER 17 - After the strong recovery recorded in the third quarter, Confcommercio launches a new alarm for consumption, which fell in October, according to the economic index calculated by the association of 8.1% compared to the same month of 2019. The slowdown , affected the tourism sector, recreational services (-73.2%), hotels (-60%), bars and restaurants (-38%) more immediately and significantly.


   For the month of November it is estimated a reduction in GDP of 7.7% over October and 12.1% in the annual comparison. (HANDLE).


Source: ansa

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