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Intrum, high prices hit the pockets of 80% of Italians

2022-12-15T11:12:59.958Z


For 80% of Italians, high prices are already having a negative impact on financial resources, while 16% predict that they will soon be affected. This is what emerges from the European Consumer Payment Report, produced by Intrum, according to which, between inflation, high energy prices and the ECB's rate hike, "families' future expectations are worsening", primarily worried about bills. According


For 80% of Italians, high prices are already having a negative impact on financial resources, while 16% predict that they will soon be affected.

This is what emerges from the European Consumer Payment Report, produced by Intrum, according to which, between inflation, high energy prices and the ECB's rate hike, "families' future expectations are worsening", primarily worried about bills.

According to the Report, now in its tenth edition and based on a survey conducted simultaneously in 24 European countries involving 24,000 people, more than half of Italians (57%) saw their financial well-being worsen compared to 12 months earlier.

This factor pushes almost one in three consumers (65%) to cut some costs, such as the restaurant and other activities related to socializing (59%), while,

53% prefer discount stores for shopping and 45% expect to reduce spending on gifts.

But what is most worrying is the increase in energy costs: 43% of those interviewed give priority to the payment of bills (14 points more than the European average), while more than 30% did not pay at least one bill in the last year and expects this to happen at least once more over the next year, mainly due to lack of liquidity.

Furthermore, one in four Italians (26%) declares that they have less than 5% of their monthly salary available after paying the bills (+11 points compared to the European average).

More than half of Italians (55%), then, fear the decline in the value of the house and the shares in the portfolio.

The crisis also impacts sustainable purchases: in 68% of cases (55% in 2021) the purchase of more sustainable products and services is held back by the increase in the cost of living.

The complex macroeconomic scenario that emerged during 2022 - explains the Report - is also having repercussions on debt and credit management methods.

From the Intrum analysis, it emerges that families are particularly affected, in fact almost 80% of the parents interviewed declared that they had applied for a loan or had used up their credit card limit in the last six months in order to be able to purchase items for own children.

And over a quarter of respondents (26%) said they are more likely to default on a debt now than at any other time in their memory.

Furthermore, to cope with the new difficulties,

In collaboration with:


Intrum

Source: ansa

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