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Italy's confidence index of consumers up, that of business down in Nov

01 Dec '23
1 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • Italy's consumer confidence index rose from ***.* to ***.* in November this year due to a rise in all its components.
  • The business confidence index continued to worsen, declining from ***.* to ***.* in the month, official statistics agency Istat said.
  • The retail trade confidence index, after the October contraction, rose from ***.* to ***.* in November.

In consumer confidence, a significant improvement was observed in the personal climate (from **.* to ***.*), in the current one (from **.* to **.*), in the future one (from ***.* to ***.*), and finally in the economic one (from ***.* to ***), the official statistics agency Istat said in a release.

The confidence climate in manufacturing increased from **.* to **.*. The balance referring to the assessments on order books slightly decreased, while the one related to the expectations on production recovered. Inventories were considered to have declined slightly during the month.

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