Italy's household consumption rises

Added On April 16, 2018

Latest data show that Italian household final consumption expenditure rose by 2.5 percent in 2017.

According to the National Institute of Statistics, the gross disposable income of Italian families in current prices grew by 1.7 percent, and their propensity to save dropped by 0.7 points to 7.8 percent.
The growth of disposable income coincided with a 0.6 percent increase in the purchasing power of households, which marked "a slowdown compared to the trends in the previous 2-year period."
Italian families' primary income also increased by 1.9 percent overall last year. The main contribution to such growth came from the employment income.