Southern Europe’s Consumer Spending: Growth Amid Underlying Volatility
Consumer spending in Southern Europe is experiencing a fascinating blend of growth and volatility as we move into 2024 and early 2025. With Spain leading the eurozone at 3.2% GDP growth, driven by strong domestic demand and tourism, and Portugal witnessing a remarkable 30% surge in consumer transactions during Easter, the landscape is vibrant. However, a cautious consumer sentiment looms, particularly in Italy and Spain, where rising living costs are reshaping spending habits. For industry executives, these trends present both challenges and opportunities that could redefine strategies in the gambling sector. Discover how to navigate this evolving market!