Sunday, June 12, 2016

economic crisis, which almost doubled poor families – The Republic

MILAN – The share of households in absolute poverty has doubled in the years of the crisis, between 2007 and 2014. A report of the outcome seven years of recessionary cycle is a study of Confcommercio entitled ‘from the Great Recession to recovery? positive signs, but fragile ‘: the number of absolutely poor families has actually decreased from 823,365 to 1,469,617 (+ 78.5%), with an incidence on the total increased from 3.5% pre recession to 5.7% in 2014 .

the absolute poor individuals, it also points out, in 2014 exceeded 4 million, an increase of nearly 130% over 2007, hitting a nearly 7% of the population. The disposable income of households, measured in terms of purchasing power to the prices of 2015, was reduced in the seven years of the recession by more than 10% and also the cost in real terms of households shrank by about seven percentage points. The families that have to some extent tried to not contract the same amount of income on their standard of living, but at the expense of savings, whose flows have been reduced by almost 36%. In per capita terms, the declines are even more pronounced, because the population is still grown in the period considered by around 4%, thus eroding the size of the slices of a cake in income and consumption become smaller.

the data were harshly condemned by Codacons, for which the “third world, and unworthy of a civilized country”. The complaint of traders, the association of consumers associate the “violent decrease in consumption in Italy during the crisis: between 2007 and 2014, in fact, families have been forced to drastically reduce purchases, decreased for 80 billion euro, with a decrease in expenditure of EUR -3 300 per family for seven years. This was because in the period considered there was a general impoverishment of the citizens and has increased significantly the number of households in absolute poverty ” .

Topics:
economic crisis
consumer
poverty
Confcommercio
Codacons
Starring:
LikeTweet

No comments:

Post a Comment