Covid. Cgia: "If Christmas closures do not arrive, purchases of 9 billion are expected"

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November 20, 2021 At Christmas, at least 9 billion euros of purchases are planned and with the 13th it is hoped that "breath to domestic demand" will be given. This was underlined by the CGIA which today released data on the tax collection on the thirteenth of Italians. For the CGIA, on Christmas purchases "much will depend on the progress of the epidemic and any closures that the Government could introduce in the coming weeks to combat the pandemic".

However, the CGIA estimates that spending on Christmas gifts this year "should return to at least the same threshold recorded in 2019, when it touched 9 billion euros. Nothing to do, however, with how much we spent before the 2008-2009 crisis. , when in December the Italians made purchases for almost 20 billion euros for Christmas gifts ".

"The contraction recorded in recent years is also partly attributable to the fact that many Italians anticipate the purchase of gifts in November, taking advantage of the 'black friday'. With fewer purchases, however, it was above all the shops to pay the bill. neighborhood, while outlets and large-scale distribution have managed to cushion the blow. We hope that also thanks to the thirteenth, in this last month of the year we will return to spend intelligently, thus giving breath to domestic demand which, although growing, remains still weak "argues the CGIA.

Generally this year too, food should be confirmed as the most popular type of Christmas gift: toys, technological products, books, clothing / shoes and personal care items follow. The CGIA still reports that among the products that risk not recovering what was lost compared to the pre-Covid period, due to the restrictions imposed by the pandemic, tickets for shows, concerts and travel stand out. On the other hand, there is no doubt that so-called 'digital' gifts, which can be purchased without having to go to physical stores, will experience a further increase. In particular, subscriptions to streaming platforms and gift vouchers to buy online.

Cgia: "If Christmas closures do not arrive, purchases of 9 billion are expected" https://t.co/r7HmRWqiGP via @LaStampa

- cgia mestre (@cgiamestre) November 20, 2021

the treasury "The Cgia studies office has wasted no time and has already done the math, coming to the conclusion that the party will be , in particular, the Treasury. The thirteenth that this year will affect 33.8

million Italians: 16 million retirees and 17.8 million employees. Overall, the beneficiaries will collect a gross amount equal to 45.7 billions of euro. If we subtract from this amount the 11.8 billion in Irpef withholdings that will end up in the coffers by the tax authorities, 33.9 billion net will remain in the pockets of the Italians ", notes the CGIA.

Concern on the part of Coldiretti for the winter holidays and for activities related to tourism in the mountains. With the advance of infections, according to the association, the holidays in the snow of 3.8 million Italians who before the pandemic had gone on holiday in the mountains during the end of year holidays are at risk. This is what emerges from a Coldiretti / Ixè analysis in reference to the hypothesis of a strengthened green pass so as not to stop the country's economic and employment recovery.

"This is a decision - underline by Coldiretti - destined to have effects not only on the ski slopes but on the entire induced nature of the holidays in the mountains, from the activity of the mountain huts to the farmhouses already severely affected by the limitations of Christmas and New Year. A large part of the survival of agricultural structures depends on the work at the end of the year, with farming and cultivation activities playing a fundamental role in safeguarding the territory against hydrogeological instability, abandonment and depopulation. The mountain is the preferred destination of the more than 10 million Italians traveling on Christmas and New Year's Eve before the pandemic for a total expenditure of 4.1 billion euros, 1/3 of which for the table ".

"To pay the heaviest price at the resumption of infections - conclude by Coldiretti - are again the structures involved in accommodation, food, transport, entertainment, shopping and souvenirs due to the limitations that could be triggered in the event of change of color from yellow to orange in the most popular regions of winter tourist destinations ".