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The economy improves but 60% of families are struggling – Economy


“Over 60 per cent of households” consulted in the Bank of Italy survey to measure the effects of the Covid crisis “say they have economic difficulties in reaching the end of the month, 10 percentage points more than in the period before the pandemic “. The biggest problems are reported where the head of the household is self-employed (65 percent of the respondents in this category). Just under 40 per cent of families report that in the last twelve months it was verified that the family income was not sufficient to cover expenses “

“Expectations on the outlook for the economy and on the labor market have improved; however, families do not expect the health emergency to be overcome any time soon”. This is what emerges from the Bank of Italy’s extraordinary survey on Italian households “, carried out by researchers from the Bank of Italy.” Just under a third of the households reported having suffered a decline in income in the last month; the worsening of income conditions is mitigated by income support measures “.

“Over 60 per cent of households” consulted in the Bank of Italy survey to measure the effects of the Covid crisis “say they have economic difficulties in reaching the end of the month, 10 percentage points more than in the period before the pandemic “. The biggest problems are reported where the head of the household is self-employed (65 percent of the respondents in this category). Just under 40 per cent of families report that in the last twelve months it was verified that the family income was not sufficient to cover expenses ”

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