(ANSA) - Rome, August 25 - Italian purchasing power is at a
historic low, having fallen more than 13.4% since 2008, Italian
consumer groups Adusbef and Federconsumatori said Monday.
The groups estimated that in autumn, Italian families will
be forced to spend 1,900 euros between taxes, bills, and
back-to-school costs, a figure that the groups called
"unsustainable".
Among these taxes is the TASI, a part of the Italian
government's 2014 Stability law, which will tax both homeowners
and renters in order to fund services such as road maintenance
and street lights.
Italian purchasing power at historic low
Consumer groups say expenses are 'unsustainable' for families