Mercoledì, 19 Settembre 2018
ROME

Purchasing power falls 4.1%, biggest drop since 2000

English
© ANSA

(ANSA) - Rome, October 9 - Household purchasing power in
Italy fell 4.1% in the second quarter of 2012 compared to the
same period in 2012, the sharpest drop since 2000, Istat said
Tuesday.
It fell 1.6% between the first and second quarters of 2012,
the statistics agency said.
Households' inclination towards saving fell 0.6 points to
8.1% between the first two quarters of 2012, and by 0.5 points
compared to the second quarter of 2011.
GDP fell 0.8% in the second quarter of 2012 and 2.6%
compared to the second quarter of 2011.

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