Bank of Italy says net wealth falling

The net wealth of Italian families is falling under the pressure of the ongoing economic crisis, losing 1.2% on average in 2013 compared with 2012, the Bank of Italy said Tuesday in a new report.

It said that as of the end of 2013, the net wealth of Italian families amounted to 8.728 billion euros, or an average of about 144,000 euros per individual or 356,000 euros per household. (Ansa)