Businesses, grow confidence and expectations on consumption – Daily Sicily

Building, growing confidence and expectations on consumption

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Data Istat: a decided improvement expected as early as July 2008

Tags: Economy, Business, Trust, Crisis
 

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ROME – leaps forward in March, business confidence touching the highest level since July 2008. According to Istat, the ‘composite index of confidence of Italian companies shows a marked improvement, rising to 103.0 from 97.5 in February.
 The improvement in confidence in all the main sectors: manufacturing (to 103.7 from 100.5), construction (to 116.0 from 108.5), market services (from 100.4 to 108.1) and retail trade (to 103.0 from 101.0).

 

 In manufacturing companies improve both the opinions on orders (from -17 to -11) and production expectations (10 to 8); the balance of the opinions on inventories increases to 3 to 4.
 In construction improves both the opinions on orders and / or construction plans, either – albeit slightly – employment expectations (from -45 to -36 and -11 to -12 balances).

 

 In service companies improve judgments and expectations for orders (from -1 to 2 and 4 to -1, the respective balances) and expectations on economic in general (17 2). In the retail worse judgments on current sales (-5 1), while improving the expectations on future sales (28 to 19); drawdown in inventories are judged (7 to 10).

 

 Satisfaction was expressed by Confesercenti SWG, according to which “the expectations of recovery are higher, both among entrepreneurs among families: according to a survey conducted on the occasion of Easter, 44% of Italians are convinced that the turning point is finally incoming, economic, labor and consumption. “

 

 Now they have added the representatives of operators’ work is fundamental that these expectations are not betrayed, supporting the recovery by reducing the tax burden on businesses and households. There`sa commitment in particular that must absolutely be maintained, especially considering that consumption still struggling: to defuse the mine of the safeguard clause, which in 2016 could lead to a giant increase in VAT that would discharge much the hopes of market recovery internal and the millions of businesses that relate to it. “

 

 Even for Confcommercio get stronger signals of economic recovery: “Today’s data represent an additional element to support the improvement of the macroeconomic framework. In particular, the sentiment of the families who, after three consecutive increases, has reached the highest level since 2007, can be interpreted as a sound basis for a recovery in consumption, partially visible in retail sales in January. “

 

 The growth of confidence, both the household and corporate, “has spread to all members and all sectors, a new feature compared to the recent past when the expectations invested in different ways the various fields of activity. This is also a convincing indication of the possibility, yet to grasp, a recovery for the current year that is not limited to the narrow scope decimal that has characterized our country for too long. “

Article published March 31, 2015 – ALL RIGHTS RESERVED ©

 
 
     
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