Confcommercio, consumption + 4.8% in March, but the economy slows down

(ANSA) – ROME, APRIL 15 – The Confcommercio Icc Consumption Indicator in March 2022 records a change of + 4.8% compared to March 2021, “the result of a growth of 44.8% for services and a decrease by 3.9% for goods. Compared to the same month of 2019, however, the demand, on the whole, is still on average 11.8% lower, with tourism-related services paying a percentage distance compared to pre-existing levels. -crisis of more than 30% “.

“The times for complete recovery are expanding: the goal must be postponed to the end of 2023”, reads a note. The downward trend in demand is “also confirmed by seasonally adjusted data, which indicate, in the first quarter of 2022 as a whole, a reduction of 0.9% compared to the last quarter of ’21”. (HANDLE).

Source: Ansa

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