gave Thirteenth have arrived, and with them an increase in consumption that is good for Italians’ wallets, but above all for the country’s entire economy. In 2024, this extra monthly payment is not just a breath of fresh air for those who benefit from it, but a driving force that fuels trade, services and, less importantly, taxes.
How do Thirteenth and Taxes change?
This year the cake will be shared by Italian workers and pensioners. 59.3 billion euros gross44.8 billion which will end up in the pockets of 35.7 million people. But don’t expect to stand by the IRS and watch: 14.5 billion euros They go for cover Income of Irpef. In short, the thirteenth payment adds up to a nice cash flow for the state, while the beneficiaries are willing to spend some of that money on gifts, lunches and some trips.
Christmas bonus: concrete help for the most vulnerable
To help the lowest earners comes a new Christmas bonus of €100, which goes to people who earn less than €28,000 a year and who have at least one dependent child. The Maloney government has thus decided to expand the support network, but be careful: the bonus is not aimed at the unfit, that is, those who do not pay taxes. And that’s not all: At least for pensioners with checks below the threshold, one comes Bonus of 154.94 euros. More than just support, this intervention strengthens the spending power of those who are most disadvantaged.
What will the Italians do with the thirteenth?
The most obvious effect of the Thirteenth is an increase in consumption. According to Confcommercio calculations, Italian families will spend an average of 1,906 euros in December, an increase of 6.6% compared to last year. In practice, each family will have an extra €118 for Christmas shopping.
Despite concerns expressed by unions about wages, the figures indicate that. Employment is increasingwith a consequent improvement in purchasing power. Contract renewal also plays an important role in this growth, involving millions of workers, increasing the economic availability of a significant segment of the population.
Christmas shopping and consumption: promoting growth
During these holidays, folks They will spend more on gifts, food and trips.. The budget for gifts is increasing, with a Average costs of 220 euros per family. Additionally, spending on Christmas lunches and decorations is on the rise, reflecting a recovery in consumption that is also showing up in other sectors.
It’s not just the food that takes center stage: Online saleswhich now represents 38% of total Christmas purchases. This data confirms a trend that has been growing for some years: the preference for online shopping, which offers convenience and often competitive prices. Another interesting fact is related. A selection of gifts. The trend towards functional gifts (appliances, home products) seems to be overtaking that for luxury gifts, a sign that Italians are becoming more cost-conscious. These choices are also influenced by the very positive trend of Black Friday, even if it has seen millions of Italians busy shopping before the holiday.
