Consumer spending down 12.2% in Feb, hotels down 70%

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(ANSA) – ROME, MAR 17 – Consumer spending fell 12.2%
year-on-year in February while spending on hotels was down 70%,
retail group Confcommercio said Wednesday.
    The catering and takeaway meals sector was 42.6% down.
    Air transport spending fell 86%.
    Confcommercio also said that with the new COVID-19 restrictions
GDP may fall 4.7% in Italy over February.
    But it is expected to rise 7.3% on March 2020 when the country
was in total lockdown. (ANSA).


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