Economic And Social Statistic On Italy 3 Quarters Of The Population Need to Lunch at Home

Of all the statistics available on Italy and its varied economic problems, few are as eye-opening as the fact that at around 1 p.m on any given day, three quarters of the population will normally be sitting down to lunch in their own homes.

According to data from statistics agency ISTAT, lunch is the most important meal of the day for 68 percent of Italians and 74.3 percent usually eat it at home, a figure which has grown as a long recession has hit spending on food and eating out.

As anyone who has seen the shuttered afternoon streets of a small Italian town knows, it can be hard to get much done at lunchtime in Italy, even though many shops and businesses stay open until relatively late in the evening to compensate.

via CNBC

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency
trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza