Italians forced to cut back on food – industry report

Jul 2nd 2023 6:20am EDT

The cost-of-living crisis is affecting household finances Soaring inflation is causing Italian households to curb spending on food, according to a report by the General Confederation of Italian Industry (Confindustria). The report showed household spending on groceries is in “sharp decline.” It dropped by 3.7% in 2022, and by 8.7% in the fourth quarter of […]

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