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The impact of inflation on poverty in Italy in 2023

The current economic environment

In 2023, Italy is faced with a complex economic situation. Despite an apparent improvement in the labor market, inflation has had a devastating impact on Italian families. According to the latest statistics, more than 2.2 million families and nearly 5.7 million individuals live in poverty. This phenomenon has reached an historic record with regard to the number of minors in economic difficulty, highlighting a crisis affecting the most vulnerable sections of
the population.

The causes of the increase in poverty

The reasons behind the increase in poverty in Italy are manifold. First, inflation has eroded the purchasing power of families, making it increasingly difficult to meet daily needs. The costs of essential goods such as food, energy and transportation have increased exponentially, forcing many families to review their expenses. In addition, wage stagnation has not compensated for rising prices, creating an ever wider gap between income and expenses. This scenario has led to growing social dissatisfaction and to requests for government intervention
.

The social and political consequences

The increase in poverty has not only economic consequences, but also social and political ones. The growing dissatisfaction among the population has led to increased social tensions and greater political polarization. Families in difficulty feel increasingly abandoned by institutions, fueling a climate of distrust towards the government. In response to this crisis, it is crucial that the authorities take effective measures to support vulnerable families and promote social inclusion policies. Only through a targeted intervention will it be possible to face the challenges posed by inflation and poverty, guaranteeing a better future for all Italians
.

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