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Italian Market: Winter Tourism In Abundance, Yet Shop Footfall Down

The economic update is better than expected with Italy calculating a +0,8% growth for 2023, still low but better than expected as a few months back talk of a recession in 2023 was a big topic. By Franz Josef Holler For 2024, the outlook looks even better, but it’s too far to judge and will, and can still, change. But as the GDP growth is slow and energy costs are still high, it’s not an easy time for many companies and businesses. The +0.8% growth is in line with the Eurozone growth which…