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.
ALL RIGHTS RESERVED © Copyright ANSA
