(ANSA) - ROME, JAN 19 - COVID-19 restrictions made it a bad Christmas for Italian shops, retailers association Confcommercio said on Tuesday.
It said consumer spending was down by 11% in December with respect to the same month in 2019.
It does not expect the January sales to go much better, as it forecasts Italy's GDP will be 10.7% down in January with respect to a year ago. (ANSA).
Consumer spending down 11% in December say retailers
Confcommercio expects poor results from January too