Italy's indices for consumer, biz, manufacturing confidence dip in Apr

The index for manufacturing confidence climate weakened from 86.0 to 85.7.

A reduction characterised all components of the consumer confidence index: the economic climate worsened from 93.2 to 89.6; the personal one from 95.7 to 93.9; the current one from 97.9 to 95.4 and the future one from 91.1 to 89.1.

In manufacturing, assessments on order books marginally improved, while expectations on future production decreased. The balance of inventories remained stable at 3.

The retail trade confidence climate edged down from 103.8 to 101.8. Respondents markedly worsened their assessments on current business activity (the related balance slumped from 14.1 to 6), while they positively appraised future volume of sales (the balance of the variable grew from 26.1 to 28.6). With regard to the inventories, the balance increased once more from 7.8 to 8.7.

ALCHEMPro News Desk (DS)