(ANSA) - ROME, JAN 20 - The high prices in 2023 will curb the consumption of families which last year had also flown due to the return to spending habits prior to the pandemic.
As stated in the Bank of Italy's economic bulletin, consumption will rise by 1.5%, after the +4.6% of last year, "mainly as a result of the carry-over effect determined by the strong expansion of the previous year".
In the two-year period 2024-25 "they would slow down to just below 1%. The savings rate, which decreased to 7.1 per cent in the third quarter of 2022, would drop again in the current year, to recover only partially in the following two years. (ANSA).
