Italy - Households in economic difficulties - April 30, 2017

According to preliminary figures from statistics agency ISTAT, some 11.9% of households experienced serious economic difficulties in 2016. Between 2015 and 2016 the situation worsened for people aged 65 and older, with 11% facing serious economic difficulties in 2016 compared with 8.4% in 2015. Times were also tougher for households with a ‘reference person’ in search of employment, with those facing serious economic difficulties climbing to 35.8% from 32.1%. On the other hand, the situation improved slightly for those below the age of 18. The office also produced a prognosis for the demographic development. It is foreseen that the population will decline substantially.

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