Business · Economy · 10 hrs ago

More than half of Italians place themselves below the middle class

More than half of Italians place themselves below the middle class

A majority of surveyed Italians see themselves below the middle class, according to an Ipsos study for Legacoop, an Italian cooperative organisation.

The survey found that 34% describe themselves as middle class in decline, while 37% identify as middle class.

Nearly seven in 10 feel more financially fragile than five years ago, and 39% say their pay does not cover the cost of living.

These pressures lead some households to struggle to reach the end of the month or to put off necessary spending.

One in four has skipped medical or dental care for financial reasons, rising to 57% among people who identify with the popular class.

Many have also delayed home or car repairs, and only one in four respondents said their housing felt stable and secure.

The findings describe how rising financial strain is affecting people’s sense of social position and their ability to manage essential costs; no next steps are given.

1 source

Related