普华永道（PwC）：2025意大利零售地产市场研究报告（英文版）（28页）.pdf

1、PwC Italy|Real Estate Market Overview1Real Estate Retail Market R Italy|Real Estate Retail Market Report23Consumer Market01.6Retail Market02.11Real Estate Retail Market03.16Italian ShoppingCenter Market04.20The future ofShopping Center05.23High streetRetail06.26Retail MarketEvolution 07.01.Consumer

2、MarketConsumer MarketRetail MarketReal Estate Retail MarketItalian ShoppingCenter MarketThe future ofShopping CenterHigh streetRetailRetail MarketEvolutionAfter two years of intense inflationary pressures in Europe,with Consumer Price Index(CPI)peaks reaching an astonishing 12%between 2022 and 2023,

3、the forecast for 2024 appears to be more favorable,with a disinflationary trend on the horizon.The Organization for Economic Co-operation and Development(OECD)predicts a medium-term trend that is nearing the European Central Banks(ECB)target inflation level of 2%.If the disinflationary trend continu

4、es,it is possible that the European Central Bank may opt for a less restrictive monetary policy.Specifically,additional interest rate cuts are anticipated in 2024 and 2025,which should help to foster a more stable economic environment.Despite the significant reduction in the overall inflation rate o

5、f the basket of goods considered by the CPI index,not all consumer segments are experiencing relief,which exerts significant pressure on middle-income consumers.This situation is exacerbated by growing geopolitical uncertainties,which have a direct impact on energy costs and create additional financ

6、ial strain on consumers.As a result,these economic pressures are influencing purchasing decisions,nudging consumers towards prioritizing essential spending over non-essential goods and services.This emerging trend towards more mindful consumption is indicative of a broader societal shift.Consumers a