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- Italian consumer confidence rose moderately in July
Italian consumer confidence rose moderately in July
According to the report from Istat, in July 2021, the consumer confidence index improved from 115.1 to 116.6. The improvement was due, in particular, to the rise of the economic, personal and current components (from 126.9 to 129.6, the first from 111.1 to 112.2, the second and from 126.9 to 129.6 the third). On the contrary, less favourable signals came from the future climate index. The latter showed a reduction from 125.5 to 123.5.
With reference to the business confidence climate, the index (IESI, Istat Economic Sentiment Indicator) increased from 112.8 to 116.3.
The confidence index in manufacturing improved from 114.8 to 115.7. The confidence index in construction rose from 153.6 to 158.6. The market services confidence index got on from 107.0 to 112.3. The retail trade confidence index further increased from 107.2 to 111.0. The improvement in confidence extended to both distribution channels: the index went up from 109.0 to 112.8 in the large scale distribution and from 101.7 to 104.6 in the small and medium scale one.
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