Assoutenti is concerned about the September retail sales data. According to the non-profit consumer protection organization, the sharpest reduction is in food commodities. "To cope with rising costs and soaring bills, households must not only minimize fundamental expenditures like food, but also drastically alter their shopping patterns," as President Furio Truzzi highlighted yesterday. “Food industry sales declined by 4.5% in volume in September, a drop of -337 euros per year for a family with two children. Households are also more focused on saving, as indicated by the increase in sales at food discounters, which increased by +11.5% year on year in September, the highest number among all commercial businesses ". "In light of these findings, it is critical that the incoming administration rapidly reduces VAT on both food and basic commodities in order to calm retail lists," Truzzi concluded.
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