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Coronavirus: Consumer spending down 31.7% in March-retailers (2)

GDP to fall 13% April says Confcommercio

Redazione Ansa

(ANSA) - Rome, April 14 - Consumer spending in Italy fell 31.7% in March over March 2019 while GDP is set to fall 13% in April due to the coronavirus emergency, retail group Confcommercio said Monday.
    Consumer spending fell 10.4% in the first quarter and GDP fell 3.5%, said Confcommercio, saying that tourism was 95% down in March while new car registrations fell 82%, sales of clothing and footwear fell 100% for firms not selling over the Internet, and bars and restaurants were down 68%, even taking into account home deliveries.
   

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