In 2023, inflation severely impacted on Italians belonging to the lower middle-class and to the working class. Almost half of the lower middle-class members reduced spending on shopping, energy and leisure. The majority of the underclass individuals more evidently adopted new purchasing practices. More than 70 percent of the citizens diminished unnecessary shopping and limited energy consumption, while, surprisingly, 60 percent of them curtailed grocery shopping. This latter measure impacted on only 40 percent of the lower-middle class and 15 percent of the middle-class. Hence, Italians with some economic resources preferred not cutting spending on groceries, and only the poorest resorted to this choice. However, two out of five members of the middle-class had to reduce general shopping and electricity consumption.
Consequences of inflation on consumption habits of Italian households in 2023, by social class
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Area Studi Legacoop. (July 31, 2023). Consequences of inflation on consumption habits of Italian households in 2023, by social class [Graph]. In Statista. Retrieved October 31, 2024, from https://www.statista.com/statistics/1459966/italy-inflation-consumption-social-classes/
Area Studi Legacoop. "Consequences of inflation on consumption habits of Italian households in 2023, by social class." Chart. July 31, 2023. Statista. Accessed October 31, 2024. https://www.statista.com/statistics/1459966/italy-inflation-consumption-social-classes/
Area Studi Legacoop. (2023). Consequences of inflation on consumption habits of Italian households in 2023, by social class. Statista. Statista Inc.. Accessed: October 31, 2024. https://www.statista.com/statistics/1459966/italy-inflation-consumption-social-classes/
Area Studi Legacoop. "Consequences of Inflation on Consumption Habits of Italian Households in 2023, by Social Class." Statista, Statista Inc., 31 Jul 2023, https://www.statista.com/statistics/1459966/italy-inflation-consumption-social-classes/
Area Studi Legacoop, Consequences of inflation on consumption habits of Italian households in 2023, by social class Statista, https://www.statista.com/statistics/1459966/italy-inflation-consumption-social-classes/ (last visited October 31, 2024)
Consequences of inflation on consumption habits of Italian households in 2023, by social class [Graph], Area Studi Legacoop, July 31, 2023. [Online]. Available: https://www.statista.com/statistics/1459966/italy-inflation-consumption-social-classes/