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Italian Market Insight: Store Margins Take A Big Hit Due To Sales Pressure

The economic update remains evenly balanced as interest rates remain high, purchase power is still low and even if inflation rates are theoretically sinking, it is nothing the regular Citizen can really feel in his wallet. Price increases are still real in most cases and everyone really hopes for a better Q3 and Q4 in 2024 as the economy in total is struggling. By Franz Josef Holler On a positive note, for board sports, ski-resorts, especially in the northern part of Italy, saw really good…