Rome

Economic condition worsens for over 50% of households

Istat confirms north-south gap

Economic condition worsens for over 50% of households

Rome, December 18 - The economic condition for Italian households got noticeably worse in 2012, the national statistics institute said on Tuesday. The number of families that said they had 'excellent or adequate' resources fell from 56.8% in 2011 to 52.5% this year, Istat said. Likewise the number of households that claimed 'scarce' resources rose from 37% to 40.3% and 'insufficient' resources from 5.7% to 6.8% over the same period. Households expressing greatest satisfaction in their economic condition were located in the north and least satisfaction in the south.

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