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Household spending dropped sharply in 4th quarter

Expenditure on consumer durables down 1.9% says ISTAT

Redazione Ansa

(ANSA) - ROME, MAR 14 - ISTAT said Tuesday that Italian household spending dropped sharply in the fourth quartet of 2022 with respect to the previous three months.
    The national statistics agency said expenditure on consumer durables and services fell by 1,9% and 1.5% respectively.
    It said spending on non-durable items decreased by 1.3 for the third consecutive fall.
    Italy's GDP dropped by 0.1% in the last quarter of 2022 with respect to the July-October period. (ANSA).
   

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