Italian households' spending power crumbles

Down 1.7% in first half of 2013

08 October, 12:59

    (ANSAmed) - ROME, OCTOBER 8 - The spending power of households in recession-hit Italy dropped 1.7% in the first half of 2013 compared with the same period last year, Istat said on Tuesday.

    The national statistics agency added that families' spending power fell 0.7% in the April-June period compared to the first three months of this year and 1.3% with respect to the second period in 2012.(ANSAmed).

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