(ANSA) – ROME, AUGUST 01 – “The ‘treasure’ of savings accumulated during the pandemic by families, especially in liquid form, with a current incidence of deposits equal to 110% of disposable income, represents a fundamental” psychological guarantee ” which, assuming a downward inflation in 2023, could favor the resilience of consumption “. This is what emerges from the latest Report of the Legacoop and Prometeia Studies Area which emphasizes, however, that the effect will hardly involve low-income employees.
The study underlines how, during the pandemic, the propensity to save has increased significantly, in parallel with a reduction in consumption, with an almost doubling of flows in 2020 compared to the averages of the years preceding the pandemic, from 8.0 % in 2019, equal to 93 billion, 15.6%, equal to 175 billion, and a still very high level in 2021 (12.4%, equal to 153 billion). “The social risks of this convulsive phase are very high” -declares Mauro Lusetti, president of Legacoop- “already during the pandemic from our observatory we denounced how the impact was asymmetrical not only on businesses, but also on families: on the one hand there was who forcibly accumulated unexpected savings, on the other hand who was further impoverished “.
According to Lusetti “in the Italian conditions exceptional social protection policies are needed, because, even if we take the forecasts of a gradual return of inflation for good, we already know that this autumn will be very hard. Add to this picture of anxiety and fragility also the instability of an electoral phase was a masterpiece of irresponsibility of Italian politics which we certainly would have liked to do without “.
(HANDLE).
Source: Ansa
I have been working in the news industry for over 10 years now and I have worked for some of the biggest news websites in the world. My focus has always been on entertainment news, but I also cover a range of other topics. I am currently an author at Global happenings and I love writing about all things pop-culture related.
