Monday, December 29, 2014

Consumer confidence fell in December – The Republic

Consumer confidence fell in December – The Republic

MILAN – The Christmas season is not reviving the mood of Italian consumers: according to Istat, in fact, in December the index that measures consumer confidence fell rising from 100.2 points in November to 99.7 share. The ‘share 100′ refers to the situation in 2005.

The Institute of Statistics indicates that the worsening affects both the economic component is the staff, whose indices decrease to 103.2 from 103.9 and 98.0 from 99.1. The index refers to the current climate is reduced to 97.2 from 99.0, one related to future climate increases slightly rising to 101.8 from 101.7.

Faced with questions about what is and what can be expected regarding the Italian economic situation, the responses indicate a worsening of the citizens: for judgments currents passing from -105 to -108, for expectations to -15 from -13. As to the trend of unemployment, the balance decreases from 53 to 48.

The judgments on the family’s economic situation improves (to -56 from -57, the balance); to expectations, however, the balance falls from -16 to -19. The judgments on the family budget improve (from -18 to -17). Italians see darker also opportunities on current savings decreases from 115 to 114, while for the future consumers expect improvements (to -53 from -55 the balance). The advisability of buying durable goods show a worsening: the balance moved to -89 from -79. Finally, balances that express the opinions and expectations about the dynamics of consumer prices go to -5 to -8 and -18 to -19, respectively.

On a regional confidence increases in Northwest, decreases in the Northeast and the Centre, is stationary in the South.

Arguments:
consumer confidence
Italian economic crisis
Istat
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