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Confesercenti, the poorest Italians, lost 35 / 40bn consumption
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Annual meeting of Confesercenti © ANSA
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Annual meeting of Confesercenti © ANSA
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Annual meeting of Confesercenti © ANSA
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Annual meeting of Confesercenti © ANSA
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Annual meeting of Confesercenti © ANSA
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Annual meeting of Confesercenti © ANSA
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Annual meeting of Confesercenti © ANSA
(ANSA) - ROME, NOVEMBER 16 - "Higher inflation could subtract, in 2 years, 9.5 billion euros in consumption: about 4 billion this year and 5.5 billion in 2022", warns the president of Confesercenti, Patrizia De Luise , at the annual meeting: "The recovery in consumption will be slower than that of the PIL. At the end of 2022 the volume of consumption could remain below the pre-pandemic level, with a residual gap of about 20 billion";
"The pandemic has impoverished Italians. At the end of 2021, the average household income will still be 512 euros below pre-crisis levels", and prudence has led to a loss of consumption "between 35 and 40 billion per year".
(HANDLE).
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