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- Italy business and consumer confidence declined in August
Italy business and consumer confidence declined in August
According to the report from Italian National Institute of Statistics (ISTAT), in August 2019, the consumer confidence index worsened from 113.3 to 111.9. The worsening in confidence was spread across all its components: in particular, the economic one decreased from 129.6 to 127.8, the personal one from 108.0 to 107.0, the current one from 111.1 to 110.0 and, finally, the future one from 117.4 to 115.4.
With regard to the business confidence climate, the related index (economic sentiment Indicator) decreased from 101.2 to 98.9.
The confidence index in manufacturing deteriorated from 100.1 to 99.7. The confidence index in construction went down from 142.8 to 140.4. The market services confidence index diminished from 100.0 to 97.4. The retail trade confidence index remained practically unchanged, moving from 110.0 to 109.9. The retail trade confidence index improved slightly in the large scale distribution, passing from 111.6 to 112.3 but decreased in the small and medium scale one moving from 104.0 to 100.9.
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