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Consumption: loans requested by households are growing

The Crif barometer shows an increase of 8,4% in the first half. In June, loan applications grew by 6,5% on an annual basis - "An extremely comforting figure after the increase recorded in 2015" - "The recovery is favored by the improvement in Italian confidence and labor market conditions" .

Consumption: loans requested by households are growing

Requests are growing Loans of Italian families. It is revealed by the Barometer Crif, according to which in June 2016, loan applications from Italian households recorded an increase of 6,5% on an annual basis. This performance leads the overall demand for loans in the first half of 2016 to mark a growth of 8,4% compared to the same period of 2015.

For Crif, this is a figure that is “extremely comforting if we consider that even i first six months of 2015 had recorded a positive change”. In any case, there remains a gap to fill compared to the two-year period 2010-2011: the number of requests recorded in the first six months of 2016 represents a contraction of 3,5% on 2010 and 0,3% on 2011.

“The data relating to the first six months of the current year .- commented the executive director of Crif Simon Capecchi – certifies the positive dynamics of the demand for loans after the long period of weakness which heavily conditioned financial planning and household spending projects, especially for goods and services of a larger amount, typically supported by a loan”.

"On the other hand - he added - the progressive recovery of consumption is favored by the improvement in Italian confidence, by more relaxed conditions on the labor market as well as by a more favorable offer from credit institutions than in the past".

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