Growth in purchasing power slows - ISTAT

(ANSA) - Rome, September 21 - Growth in Italian households' purchasing power slowed significantly last year, ISTAT said on Friday.
    The national statistics agency said that, while disposable gross income increased 1.6% in nominal terms, this translated into a rise of just 0.5% in terms of spending power - down from 1.2% in 2016 and 1.3% in 2015.
    It said consumer spending increased by 2.6%, causing the propensity to save to drop 0.9 of a point to 7.7%.