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Commerce: with the sales, consumers will spend 11,3% less than last year

With today the sales kick off, but, according to Federconsumatori forecasts, the families who will buy on balance will be equal to just 36%-37% (about 8,9 million families). The average expenditure will be 194 euros per family, 11,3% less than last year.

Commerce: with the sales, consumers will spend 11,3% less than last year

The sales start today but the forecasts on possible purchases are not positive. The national Observatory Federconsumatori, on the basis of the analysis carried out on a sample located throughout the national territory, estimates that the number of families inclined to buy with sales will be equal to just 36%-37% (approximately 8,9 million of families). 

A trend dictated by the sharp drop in purchasing power recorded in recent years, reads a note from Federconsumatori-Adusbef, as well as by the heavy increases that are expected for 2014 (+1.384 euros per family).

Those who buy on balance declare that they will drastically reduce their budget: the average expenditure will be 194 euros per family, 11,3% less than last year (in which a contraction of 18,8% had already been recorded). . The total turnover will therefore be just 1,73 billion euros. 

"Once again the need to act urgently to relaunch the purchasing power of households and the entire economy is underlined, launching a new phase of development for the country that focuses on tax relief for fixed-income households and on the recovery of investments for research and innovation”, declare Elio Lannutti and Rosario Trefiletti.

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