ANSA: 10.9% national average drop, 16% in Trentino says Confcommercio
13:40, 1 September 2020
ROME. KAZINFORM The COVID epidemic will burn up 116 billion euros in consumer spending in Italy in 2020 with an average of 1,900 euros a head, retail group Confcommercio said Monday.
The fall in consumer spending will be 10.9% on 2019 at a national level, it said.
The biggest regional fall will be in Trentino with 16%, ANSA reports.
Molise will have a fall of 7.2%.
The north is the worst hit area with an 11.7% drop, with almost 60% concentrated in its eight regions and with Lombardy showing the biggest drop of 22.6 billion euros.
The south will have a drop of 8.5%.