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Italy’s ‘Thirteenth’ Paychecks Poised to Fuel €49.9 Billion in December Spending

Confcommercio attributes the rebound to calmer inflation plus high employment.

Overview

  • Confcommercio estimates thirteenth-salary income will support about €49.9 billion of household consumption this December, roughly €2.4 billion more than in 2024.
  • Net thirteenth pay for workers and pensioners totals €57.4 billion, with around €9.4 billion earmarked for IMU, TASI and vehicle tax, leaving about €48 billion for purchases or €49.9 billion when including the self-employed.
  • Roughly one-fifth of the pot is expected to go to Christmas gifts (~€10.1 billion), with average spending at €211 per person and 81.5% of Italians planning to buy presents.
  • Confcommercio points to a strong retail lead‑in from Black Week (€5 billion in sales, +20%) and notes recent increases in leisure (+17%), appliances (+10.5%), personal wellness (+4%) and restaurants (+0.8%).
  • Coverage flags conflicting figures for average December family spending, with reports citing €1,064 in some summaries and €1,964 in others, an inconsistency not clarified in the published reports.