Il Italian household income is in free fall: alone between the 2010 and the 2012, the average figure underwent a average drop of 7,3%. This is what the Bank of Italy affirms in its two-year survey, emphasizing that the deterioration of economic conditions "in terms of equivalent income has been more marked for self-employed workers than for employees and people in a non-professional condition".
The equivalent income, according to Via Nazionale, "decreased for all age groupsà, except for those over 64, for whom it has remained unchanged. For the younger age groups, on the other hand, the figure decreases significantly compared to the general average. This survey also confirms the relatively more favorable trend for the elderly classes”.
The report also shows that in 2012 “35,8% of families believe” believed that their income was “insufficient to make ends meet (against 29,9% in 2010)".
In 2004, the first year in which this indicator was detected, the percentage was 24,3%. Furthermore, in 2012, "the percentage of families reporting that their income is fully sufficient to cover expenses decreased (from 37,1% in 2014 to 39% in 2010 and 32,3% in 2012)", explains Bankitalia again.
Also in 2012, finally, 20% of households had "an annual net income of less than 14.457 euros (about 1.200 euros per month)", while half had "an income greater than 24.590 euros (about 2 euros per month). 10% of families with the highest incomes receive more than 55.211 euros”, concludes Via Nazionale.
