Italian households' purchasing
power rose 0.8% in 2015, the first increase since 2007, Istat
said on Monday.
The national statistics agency added, however, that there
was a 0.7% drop in spending power in the last quarter of 2015
with respect to the previous three months.
Despite this Italian households' purchasing power in the
fourth quarter of 2015 was still 0.9% higher than in the same
period of 2014.
Italian households consumer spending, meanwhile, rose 1%
in 2015.
The increase came after a 0.8% rise in 2014.
The national statistics agency said there was a 0.4% rise
in consumer spending in the last quarter of 2015 with respect to
the previous three months and a 1.5% increase compared to the
same period in 2014.
Italian consumer spending was badly hit by the economic
crisis.
Italy returned to growth last year after a long recession.
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