Romagna incomes increase but are eroded by inflation

«The income of the people of Romagna is increasing of 5.86%, but the average inflation of 8.1% in 2022 erodes purchasing power, positioning us at the rear in Emilia-Romagna”. Word of the CISL Romagna urges the adoption of targeted policies to support citizens.

The union highlights that the data recently published by the Ministry of Economy and Finance relating to the incomes of Italian municipalities for the year 2022 offer an interesting window into how the economic conditions of Romagna citizens are evolving. «The numbers confirm some significant trends, but also pose some crucial questions about the future of the economic well-being of the Romagna area. According to the data, the average income of Romagna recorded an increase of 5.86% during 2022. An apparently positive signal, which however must be read in light of other factors. Average inflation in 2022 was 8.1%, a significant rate that partially eroded the benefits of rising incomes.”

In the regional context, Bologna has the highest average per capita income, with 25,729 euros, followed by Parma with an average income of 25,366 euros, Modena 24,543 euros, Reggio Emilia 24,356 euros, Piacenza 23,654 euros, Ravenna 22,117 euros, Forlì-Cesena 21,566 euros, Ferrara 21,435 euros, finally Rimini has the lowest average income 19,610 euros.

Examining the Romagna provinces individually, some key points emerge. The province of Ravenna stands out as the one with the highest average income, reaching the figure of 22,117 euros. Followed by the province of Forlì-Cesena with 21,566 euros, and finally Rimini with 19,610 euros. However, all three provinces record an average income lower than the regional average of Emilia-Romagna, which in 2022 stood at 23,713 euros.

Looking at the municipalities, Cesena with 22,977 euros is confirmed as the municipality with the highest average income in the province of Forlì-Cesena, followed by Forlì itself with 22,799, Modigliana 22,697, Bertinoro 21,671 and Forlimpopoli 21,565.

In the province of Ravenna, Lugo with 23,269 euros stands out with the highest average income, followed by Bagnara di Romagna with 23,193, Ravenna 22,627, Faenza 22,421, and Sant’Agata sul Santerno with 22,421.

While in the province of Rimini, it is the municipality of Montegridolfo that has the highest income with 21,019 in the province which is however significantly lower than that of the other large cities of Romagna, followed by Rimini 20,259, Santarcangelo di Romagna 20,197, San Giovanni in Marignano 20,003, all remaining ones are under 20,000 euros.

«Despite the increase in average income, a worrying reality emerges – he declares the general secretary of CISL Romagna Francesco Marinelli – The purchasing power of Romagna citizens has been compromised by the increase in living costs, putting a strain on families’ spending capacity. Increasing incomes is important, but must be accompanied by measures that effectively protect citizens’ purchasing power. Targeted investments, support for families and policies to combat inflation are some of the ways forward.” Requested «an increase in the tax wedge for workers in order to guarantee stability. AND It is essential to reduce the tax burden even for the middle class, lower taxes on pensions and intensify the fight against tax evasion and avoidance rather than discussing preventive agreements.” «It is urgent to resume discussions with the government to reform the pension and social security system, guaranteeing fairness, sustainability, flexibility and inclusiveness. Among the priorities, the establishment of a basic contributory pension for young people and women, the incentive to join complementary social security and the strengthening of the social Ape. It is also essential to define flexibility measures in exiting the labor market. Reforms are needed to support development, increasing both public and private investments, improve productivity and encourage worker participation in the management and profits of companies. There is an urgent need for a new Social Pact oriented towards the quality and stability of work, which provides for an increase in wages and pensions through a significant reduction in taxes, as well as the immediate renewal of all contracts.”

 
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