Italians plan to spend 223 euro on
Christmas presents in 2023, 13% more than in 2022, according to
the results of research by Confesercenti and Ipsos published on
Thursday.
Net of inflation, the increase drops to 6% the study added.
Overall, Confesercenti said it expected consumer spending in
2023 to increase by 1.2% over last year, before slowing to an
0.8% rise in 2024.
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