Italian households see income rise but spending stagnate

Italian household income rose 0.8% in Q2 2025, but consumer spending only increased 0.5%, leading to a slight 0.3% rise in purchasing power. This divergence is occurring as the tax burden on GDP increased to 42.3%. Families are saving more, with the savings rate climbing to 9.5%, indicating increased caution. Consumer associations describe this as a food emergency, with spending on essential food items rising in value but falling in volume, suggesting people are buying less for more money.