Consumption & Distribution
The Coop 2013 Report describes an Italy in the tunnel of the crisis and with household budgets under pressure.
The overall picture does not lead to optimism: the drop in actual available income over just 6 years is above 10% (-10.2%), unemployment has skyrocketed (it touched 12% in the first months of 2013, maximum figures sine 1977) and it is above all the younger people under 18 years of age to risk social exclusion. Worse than us in Europe only Bulgarians, Rumanians and Hungarians, as well as the small Baltic Republics of the same age, even Greeks and Spaniards are doing better than us.
Those drawing up the report hope for action from the government in favour of domestic demand and a strong commitment of the economic operators, starting from the banks, called upon to support the families. Indispensable among other things that Italian industry and distribution work together to help the recovery: The industry can reduce the prices and margins in percent, betting on a possible increase in volumes, while the distribution has to transfer the value to the consumers without further costs.
The full version of the report on
www.e-coop.it/web/guest/consumiedistribuzione