Rome

Italian households lost 238 billion euros in five years

Consumption also down

Italian households lost 238 billion euros in five years

Rome, June 19 - Italian households in the past five years saw their income drop by 238 billion euros, approximately 9,700 euros per family, Marco Venuri, president of Italian retailers' association Confesercenti, said on Wednesday. Consumption also dropped by over 145 billion in six years, Confesercenti said, with a loss of almost 6,000 euros per family.

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