Special Report: Why Italy's stay-home shoppers terrify the euro zone

By Gavin Jones ROME (Reuters) - "Three for the price of two" used to be the most common special offer in Giorgio Santambrogio's supermarket chains. The reason explains why efforts to resuscitate Italy's moribund economy are failing. "Shoppers are demanding steeper and steeper discounts." Italy is stuck in a rut of diminishing expectations. This summer, consumer prices in Italy fell on a year-on-year basis for the first time in a half-century, and they have barely picked up since.

from Business News Headlines - Yahoo! News http://ift.tt/1rCrYNW

via IFTTT