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Household spending in Italy is alive and well.

Publication: Market Europe
Publication Date: 01-JUN-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
The trend view of Italian consumption in the graph above offers something of a surprise. In macroeconomic terms, Italy lagged behind the other 12 members of the eurozone in its overall rate of growth last year-as it has done for, "at least the 10th consecutive year," according to an April 24, 2007 Bloomberg News story. Bloomberg cited the European Commission (EC) for this opinion.

Yet, it appears that household consumption in Italy, overall, is increasing at an increasing rate. Never mind the volatility...

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