Italian families saved 41.5 billion euros in 2022 due to high inflation and rising energy prices. Information about this press service of the local entrepreneurs association Confesercenti published on your site
According to the association, Italians currently spend 45.8% of their monthly income on electricity bills. In 2019, Italian citizens spent 35% on this expenditure item.
More than 10 million middle- and low-income Italians dedicate 50% of their monthly income to their electricity bills. They also buy less food and drink. Spending on this category of expenditure fell from 25% to 23%, according to Confesercenti.
At the end of September, the press service of the Italian National Statistical Institute (Istat) reportedIn September, it was reported that the level of consumer price increase in the republic reached 8.9%, the highest since 1985.
Citing a study commissioned last week by RIA Novosti, the European Parliament and the Eurobarometer service, reportedThe main issue that worries 93% of Europeans is the rising cost of living. Citizens of Greece (100% of respondents), Cyprus (99%), Italy and Portugal (98% each) expressed their greatest fears about rising prices.
Source: Gazeta
Ben Stock is a business analyst and writer for “Social Bites”. He offers insightful articles on the latest business news and developments, providing readers with a comprehensive understanding of the business world.