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%.
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