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- Italian consumer confidence improved sharply in April
Italian consumer confidence improved sharply in April
According to the report from Istat, in April 2021, the consumer confidence index increased from 100.9 to 102.3. The improvement in confidence was spread across all its components. More specifically, the economic climate bettered from 90.2 to 91.6, the personal one from 104.5 to 105.9, the current one from 96.7 to 97.4 and, finally, the future one from 107.1 to 109.6.
As for the business confidence climate, the index (IESI, Istat Economic Sentiment Indicator) grew from 94.2 to 97.3.
The confidence index in manufacturing further extended its upward path rising from 101.9 to 105.4. Both the assessments on order book current trend and the expectations on future production developments improved (the balances increased from -13.2 to -6.6 and 5.4 to 8.3, respectively). The confidence index in construction went up from 147.9 to 148.5. The market services confidence index got on from 85.4 to 87.1. The retail trade confidence index increased from 91.2 to 95.8. The improvement in confidence characterized both distribution channels. The index improved from 95.8 to 101.2 in the large scale distribution and from 81.8 to 82.7 in the small and medium scale one.
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