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Italian Market Insight: Low Purchasing Power Plagues Q1, Hopes Placed In Q3
The economic situation is seeing some improvements as inflation is lower than in previous months and interest rates seemingly will not rise, but rather take a very small downturn, as some bank institutions seem to anticipate what the ECB will communicate sooner rather than later. By Franz Hoeller Christmas shopping is in full swing and a study from Italy’s Confcommercio-imprese reveals some interesting stats. The percentage of Italians who give gifts rose from 72.7% to 73.2% which means more…
