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The purchasing power of households dropped sharply, -3.7%

2023-04-05T10:32:05.968Z


"The growth in household disposable income (+0.8%), accompanied by particularly strong growth in consumer prices in the same quarter, led to a significant decrease in purchasing power (-3.7%). (ANSA) )


(ANSA) - ROME, 05 APR - "The growth in household disposable income (+0.8%), accompanied by particularly strong growth in consumer prices in the same quarter, led to a significant decrease in purchasing power (-3, The stability of expenditure for final consumption (+3% in nominal terms) was therefore accompanied by a marked decline in the savings rate".

So Istat commenting on the quarterly data on household income and savings for the fourth quarter of 2022. (ANSA).


Source: ansa

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