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Retailers' 'Misery Index' rises to 19.4% in Nov 2016

0.5% increase confirms deepening social malaise - Confcommercio

Retailers' 'Misery Index' rises to 19.4% in Nov 2016

Rome, January 13 - The 'Misery Index' calculated by retailers' association Confcommercio rose by 0.5 points to 19.4 points in November 2016 over the previous month, new figures showed on Friday. The data confirmed a trend of deepening social malaise that began last spring, the organisation said. Confcommercio attributed the increase to stable inflation and a slight increase in unemployment.

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