Xmas spending up for first time after 7 years say retailers

But expenditure on gifts still 30% down on 2009

(ANSA) - Rome, December 2 - Christmas spending in Italy is set to rise this year for the first time after seven years of falls due to the economic crisis, retailers association Confcommercio said Wednesday. According to a Confcommercio study, the average per capita expenditure on gifts this year will climb to 166 euros, up 5% with respect to Christmas 2014.
    However, this remains 30% lower than the average Italian's spending on Christmas gifts in 2009, Confcommercio said.


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