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Italian Market Insight: High Bills & Slow Sales Make Retailers Worried People

The economy is now predicted to see GDP growth of 0.4% for 2023, slightly better than a couple of months ago where a stagnation was predicted. If we can trust different expert sources then 2024 should see increased growth of 1.2%. Luckily inflation seems to get better month after month, especially because of lower energy costs. Petrol prices still remain at a high level, hitting nearly 2€ a litre, which for many consumers is hard to digest. Spending power for families is still not back at…