One in five Italian families had no Xmas presents
Consumer group says gift spending down 11.4% this year26 December, 13:38
The group said the Italian households spent an average of 131 euros each on gifts for a total of 3.35 billion euros. Another consumers' association, Codacons, said overall Christmas spending, including expenditure on food and drink as well as gifts, was down 8% this year with respect to 2012. According to Codacons' data, spending on gifts was 15% down on last year.
But it said expenditure on food was holding up, with Italians set to spend 2.6 billion euros on their Christmas and New Year's meals. photo: People shopping in Rome before Christmas