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Martedì 16 Gennaio 2018 | 18:25

Rome

Spending on NYE festivities up says Confesercenti

'Desire to spend money spurred by recovery'

Spending on NYE festivities up says Confesercenti

Rome, December 30 - The economic recovery is spurring Italians to spend more on year's end food and travel this year than in 2014, survey by Confesercenti shopkeepers association showed Wednesday. Overall spending on New Year's Eve dinner will reach 2.5 billion euros, or 140 million euros more than last year. The economic recovery has sparked renewed "desire to spend money" on the traditional year's end dinner or cenone, as Italians call it. As well, Italians planning to travel domestically for the new year's festivities increased from 5% last year to 8% in 2015, while those traveling abroad rose from 2% to 3% in the same period, the survey showed.

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