Istat: “In 2015 purchasing power families to + 0.8%. Fiscal pressure to 43.5%” – The Daily

the same time, taking into account the development of the ‘ Inflation (0.1%), the purchasing power to household consumers, or their real income , it rose by 0.8%. This is the first rise eight years, since 2007, before the crisis broke. Looking only at the last quarter of last year, however, there was a decrease in spending power, at least in economic level (-0.7%). The change remains rather positive on an annual basis (+ 0.9%). Spending on final consumption is thus increased by 1.0%, with a boost of 0.4% on the month and 1.5% on year in the last quarter. In 2014 the increase was 0.8%. These are the maximum from the growth of 2.9% in 2011.

As for Gross fixed investment to household consumers, in 2015 increased by 0.5% and investment rate (defined by the ratio of gross fixed capital formation of households, which only include purchases of dwellings, and gross disposable income) remained stable compared to 2014, to 6.2% (in the fourth quarter was 6.2%, up by 0.1 points to economic level, it remains unchanged on an annual basis). The investment rate of Non-financial companies instead fell in 2015 to 18.4%, down 0.3 percentage points compared to 2014. In the last quarter of 2015 amounted to 18 , 3%, resulting in unchanged from the previous quarter but down 0.4 percentage points from the fourth quarter of 2014.

as for public accounts , then, is confirmed the deficit / GDP ratio to 2.6%, down 0.4 percentage points compared to that of 2014. Magazine, however, the tax burden in 2015 was equal to 43.5% , a figure slightly down (-0.1 points) compared to 2014, but rising by 0.2 points on the previous estimate. The notes Istat explaining that the correction is due to the “ resource flocked by the Italian banking system to the National Fund of Resolution (2300000000)” as part of the decree Save banks and registered as “indirect taxes”, while “the funds transferred by the Fund to cover the losses of commissioner banks (about 1.7 billion) were accounted for within the capital exits “.

the total output last year increased by 0.1% compared to 2014 and the corresponding ratio to GDP was 50.5% (51, 2% in 2014), while Total revenue were up 1.0%, with a percentage of GDP of 47.9% (-0.3 percentage points compared to 2014). The details of the individual items noted the surge of “ Capital spending ” (+ 10.7%, the increase was 25.5% looking to the fourth quarter of 2015). On the other hand, in this very section of the spending fall, Istat said, the resources transferred to the rescue of the four banks . “The resources flocked by the Italian banking system to the National Fund of resolution (approximately 2.3 billion Euros) were recorded in the field of indirect taxes (specifically” other taxes on production “), while the funds transferred by the Fund same to cover the losses of commissioner banks (approximately 1.7 billion) were accounted for within capital outlays, “highlights the ins.

– ->