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Consumer spending lowest since 2000, say Italian retailers

Confcommercio index fell 3.4% in March

07 May, 10:42
Consumer spending lowest since 2000, say Italian retailers (ANSA) - Rome, May 7 - Consumer spending in recession-hit Italy in March plummeted to the level of 2000, retailers' association Confcommercio said Tuesday. Confcommercio said its consumer spending index (ICC) fell 3.4% in March with respect to the same month in 2012 and 0.1% with respect to February, taking it down to the level of 13 years' ago.

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