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    Christmas Consumption In Italy Is Cooling Down In The Economic Cold Spell.

    2011/12/26 9:31:00 16

    In western countries, Christmas holidays are often the most expensive periods of the year, but because of the fact that

    debt

    The crisis is "lingering", and the mood of the Italian people this year has been greatly affected. In December this year, the consumption desire of the people was not strong.

    The poll released by Italy's National Bureau of statistics showed that in December, Italy's consumer confidence index dropped to 91.6, the lowest since 1996.


    According to Italy media, consumption of major cities in Italy this Christmas season

    market

    In addition to low price gifts, food and some high-end luxury goods, other consumption is not optimistic.

    For this reason, many

    Shop

    All of them are on sale, with some discount even up to 50%%, so as to increase turnover in the coming winter discount.


    However, statistics released recently by the Italy National Bureau of statistics show that Italians' consumption power is weakening under the stagnation of income level and rising prices, and Italian Italians are becoming more and more careful.

    It is unclear whether the coming winter discount season will usher in the climax of consumption.

    Statistics show that in November this year, the wages of Italians were almost no increase compared with October, compared with the same period last year, which increased by only 1.5%%.

    Meanwhile, inflation in Italy rose by 3.3%% in November compared with last month.

    According to a report released by the Italy Federation of trade unions' distribution and services research institute, the annual average inflation rate in Italy will also increase by 2.4%% in 2012, due to the growth of public expenditure and value-added tax and fuel tax.

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