Four adults worry about worsening future income due to sluggish household consumption in Italy due to epidemic

　　China News Service, September 19, according to Euronet, citing EUN News Agency, the Italian Retail Industry Association (Confesercenti) recently released a social household consumption analysis report that pointed out that due to the impact of the new crown epidemic, the government gradually lifted the epidemic prevention ban in April 2020. Household consumption has yet to pick up. The average household expenditure has decreased by 2300 Euros compared with the same period last year, and the national household consumption has decreased by 59.2 billion Euros.

　　According to reports, the Italian Retail Association stated that in the months since the outbreak of the new crown epidemic, social household consumption has yet to show obvious signs of recovery.

Due to the uncertainty of future household income caused by the epidemic, many Italians have begun to tend to consume less and increase savings in case of emergency.

This has caused a downturn in household consumption in the market.

Data map: A man trying on shoes in a shop in Milan, Italy.

　　According to the analysis data of the report, among the various household consumption during the epidemic, the consumption of non-edible goods decreased by 1170 euros on average compared with 2019.

Among them, the average household consumption of clothing, footwear and other commodities decreased by 278 euros, culture and entertainment decreased by 195 euros, and home decoration categories decreased by 166 euros.

　　In the past six months, sales of Italian traditional shops have fallen by 12.1%.

Among them, clothing and leather goods stores have fallen by 41.1%; footwear stores have fallen by 37.8%; bars and restaurants have fallen by 30.3%.

In addition, the epidemic has generally caused a substantial decline in social household income, with an average decrease in corporate employee income by 11.3% and freelancers by 13.4%.

　　The Italian Association of Consumer Cooperatives (Ancc-Coop) recently released a poll report that 40% of Italians are worried about household income in 2021; 60% of respondents said that if they encounter financial difficulties, they can only rely on their families. Savings to deal with; 48% of the respondents believe that the government should rely on relief.

(Huang Xin)