One-quarter of Italians earn less than 10,000 euros - update

Istat says just 2.4% reported income over 70,000 euros

(ANSA) - Rome, February 9 - One-quarter of Italians earned less than 10,000 euros in 2012, and just over half earned less than 30,000 euros annually, national statistics agency Istat reported Monday.
    Only 2.4% reported income of more than 70,000 euros, the agency said, and 17.6% earned between 30,000 euros and 70,000 euros annually.
    According to Istat, the average worker took home just over half - about 53% - of total income in 2012, with rest taken up by taxes and social contributions.
    Premier Matteo Renzi last year introduced a tax bonus of 80 euros per month for lower-income Italians.


Change cookie consent