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Confcommercio: collapse in consumption in 2020, 126 billion euros lost

2021-06-22T03:01:22.250Z

About 2,000 euros each, -60% of the expenditure of foreign tourists (ANSA) " With an overall decline in consumption of 11.7%, equal to over 126 billion euros, 2020 recorded the worst figure since the second postwar period , a figure which is affected by the 60.4% reduction in spending by foreign tourists. , equal to a loss of approximately 27 billion, 23 of which concentrated mainly in the regions of the Center-North, with Lazio and Tuscany in the lead ". This is what em



"

With an overall decline in consumption of 11.7%, equal to over 126 billion euros, 2020 recorded the worst figure since the second postwar period

, a figure which is affected by the 60.4% reduction in spending by foreign tourists. , equal to a loss of approximately 27 billion, 23 of which concentrated mainly in the regions of the Center-North, with Lazio and Tuscany in the lead ". This is what emerges from the

Confcommercio

report

on consumption 2019-2021 and in which it is emphasized that the collapse in demand led, on average, "a loss of over 2,000 euros each" compared to 2019, bringing consumption back to 1995 levels. ".

The loss of consumption has had different trends in the territory: the North and the Center are the most penalized areas (Veneto and Valle d'Aosta the regions with the greatest losses in consumption equal to over 15%), while the South recorded dynamics slightly less negative, explains the Confcommercio report. In the last two months of 2021, however, "the reopening of activities and the elimination of many restrictions on mobility" led to an increase in consumption (+ 14.2% in May), consolidating the recovery of GDP (+2.9 in June).


Source: ansa

All life articles on 2021-06-22

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