Italy: record 5.6Mln people cannot afford basic goods

Italy: record 5.6Mln people cannot afford basic goods
Thursday 16 June 2022 - 13:34

About 5.6 million Italians live in “absolute poverty,” reaching a new record high since the start of the COVID-19 pandemic in 2020, the National Institute of Statistics (Istat) said on Wednesday.

According to the latest Istat data, about 1.9 million families live in absolute poverty in Italy, which is 7.5% of the total number of households.

The number of citizens living in absolute poverty, in turn, reached about 5.6 million people, which is about 9.4% of the country’s population, according to the same source.

Italian experts understand absolute poverty as a situation in which people cannot afford to purchase basic goods and services necessary to achieve a minimum acceptable standard of living .

In 2020, due to the economic impact of the pandemic, more than 1 million Italians were pushed into absolute poverty, a record high for the past 15 years.

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