Italy marks traditional Ferragosto holiday amid record numbers of tourists

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Italy marks traditional Ferragosto holiday amid record numbers of tourists

STORY: Italy marks traditional Ferragosto holiday amid record numbers of tourists DATELINE: Aug. 16, 2023 LENGTH: 00:00:47 LOCATION: Rome CATEGORY: ECONOMY SHOTLIST: 1. various of tourists in Rome STORYLINE: Italy's traditional Ferragosto holiday, the official peak of the summer holiday season, kicked off Tuesday amid record numbers of tourists. The Italian tourism sector is recovering from its low point during the COVID-19 pandemic. Media reports said that international tourist arrivals this year are expected to surpass an all-time record of around 96 million in 2019. In addition, statistics showed that due to the slow economic growth and high inflation, more Italians are choosing to stay in Italy for their holidays rather than traveling abroad. The most recent data from Italy's National Institute of Statistics showed the Italian economy contracted by 0.3 percent in the second quarter, while prices were 5.9 percent higher in July than they were a year earlier. Xinhua News Agency correspondents reporti

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