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Home English Household income up 0.2% in 2014, spending power flat-update
ROME

Household income up 0.2% in 2014, spending power flat-update

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© ANSA

Rome, April 2 - Italian households disposable
income increased 0.2% in 2014, Istat said on Thursday.
The national statistics agency said income dropped 0.4% in
the fourth quarter with respect to the previous three months,
but was up 0.8% on the same period in 2013.
But last year's increase in income did not translate into
greater spending power.
Istat said that Italian households's purchasing power was
flat last year with respect to 2013 when inflation is accounted
for.
It added that purchasing power was 0.5% down in the fourth
quarter of 2014 with respect to the previous three months, but
0.8% up on the same period in 2013.

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