Bigger thirteenth month pay, over 51 billion (+7.8%)

(ANSA) - ROME, DEC 8 - Employment growth and contract renewals are giving a boost to the 'thirteenth month' pay packets that hit Italian pockets in December, retail group Confesercenti said on an IPSOS poll Sunday.
    This year, over 32 million Italian employees and pensioners will receive the long-awaited additional monthly payment, for a total of approximately 51. 3 billion euros, 7.8% more than last year.
    An injection of liquidity that will be partly absorbed by fixed expenses, pending accounts and savings, but which should still have a significant impact on end-of-year consumption.
    Some 78% of Italians plan to use part of it for the holidays for a total of over 18.7 billion. (ANSA).