Jewellery in Italy - New Market Report
Sales of jewellery continued to decline drastically in both volume and current value terms in 2013 as Italian consumers continued to feel the impact of the economic crisis. In light of rising unemployment, consumers' disposable incomes shrank further, significantly dampening consumer spending confidence. This was particularly detrimental to sales of jewellery, as consumers displayed a strong tendency to cut back or postpone expenditures on non-essential goods.
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