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Slow growth in consumption in June, according to Confcommercio: the trend increase was 0.4 %, corresponding to a 0.1% compared to May. According to the association of traders the bonus effect “is almost invisible.” Looking at the detail you have a 1% increase in demand for services, while spending on goods recorded growth nothing remained at the same levels as last year. “To return to growth is an urgent need to bring down taxes on businesses and families,” says the president of Confcommercio, Carlo Sangalli. As for the bonus 80 EUR decided by the government “was perceived by consumers as a measure of episodic and non-structural, not for redistribution and growth.”
Sangalli then points out that 2014 will be still “continues to transition and if so threatens to undermine growth prospects for 2015.”
“With the exception of the data on employment-Sangalli explained that in the last- two months showed a plus sign, all other indicators are negative: industrial production, GDP and falling prices, with service companies that continue to close. ”
Other data on the decline in consumption came from Coldiretti. An analysis of the association shows that ‘food consumption have bottomed in 2014 and have gone back over 33 years at the low levels of 1981. ” If the Italians in the early years of the crisis, Coldiretti, have given especially to buy non-essential goods, from clothing to footwear, then they started to cut also on reducing food waste to a minimum and moving towards low-cost products. In the first half of 2014 the shopping cart, Coldiretti, was further drained and weighs 1, 5% less compared to the same period last year, with declines more pronounced for dairy products (-5 %) and for F (-2%).
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