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Italy had a lean Christmas

Each Italian 'spent 48 euros less' on gifts, decorations

27 December, 11:18
Italy had a lean Christmas (ANSA) - Rome, December 27 - With the economic crisis biting, Italy had one of its leanest Christmases in recent years, according to farmers' and consumers' associations.

Consumer association Codacons said the average Italian cut spending on gifts and decorations by 48 euros.

Farmers' body Coldiretti said the 2.3 billion euros Italians spent on food and drink for the traditional Christmas Eve dinner and Christmas Day lunch was a 18% drop the amount spent in 2010.

The association added that this was the biggest decline since 2001, when spending on Christmas feasts fell 28% following the terrorist attack on the Twin Towers in New York.

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