Istat: Household Spending Flat in 2024 as One in Three Italians Cuts Food Purchases
New Istat data point to stable 2024 outlays in current euros, reflecting ongoing adjustments to past price shocks.
Overview
- Average monthly household consumption was €2,755 in 2024, essentially unchanged from €2,738 in 2023.
- 31.1% of families limited the quantity or quality of food and 35.3% did so for beverages, with food prices up 2.5% and food accounting for 19.3% of budgets.
- Inequalities remain pronounced: spending in the Nord-East exceeds the South by 37.9% (€834), and households composed only of Italians spend 31.8% more than those with at least one foreigner.
- Spending shifted toward hospitality and accommodation services, up 4.1% to €162 per month, while clothing and footwear was the most commonly reduced category (47.5%, rising to 57.6% in the South).
- Since 2019, nominal consumption has risen 7.6% against an 18.5% increase in the harmonized consumer price index, indicating a decline in real purchasing power.