(ANSA) - ROME, DEC 22 - With Italians rushing to buy their last presents before the end-of-year holidays, consumers' association Codacons and retailers' confederation Confesercenti have estimated in two separate studies that they are expected to spend up to 9.5 billion euros in Christmas shopping.
    In particular, Codacons said presents would cost a total of 9.5 billion euros while the survey carried out by the Ipsos polling institute for Confesercenti estimated a cost of 8.1 billion, with an average budget per person of about 225 euros to spend on presents for loved ones to put under the tree.
    Overall, the festivities were estimated to cost a total of 25 billion euros, including travelling and food expenses. (ANSA).