Martedì, 25 Settembre 2018

Italian spending power fell 5% between 2007 and 2011


(see related piece on Italy's GDP)
Rome, March 11 - Italian households' spending power
dropped 5% between 2007 and 2011, a joint report by national
statistics agency Istat and the National Council of Economy and
Labour (CNEL) said Monday.
The report said that the indicator of people in serious
economic difficulty increased from 6.9% in 2010 to 11.1% in
2011, which suggests the number of those in dire straits went up
by 2.5 million to reach 6.7 million.

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