Building: “confidence” to the top since 2008, growing the consumer
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Rome – The business confidence is “marked improvement” in March and rose to 103 from 97.5 in February touching the highest level since July 2008. As communicated Istat in the first elaborations spread with the new base year 2010 = 100. The increase applies to all sectors. The factory passes to 103.7 from 100.5 marking a record since June 2011. In the manufacturing improve both the opinions on orders both production expectations. In construction the increase of the index is to 116.0 from 108.5 and progress concerns the assessment on orders and construction plans, but also “albeit slightly,” according to ISTAT, employment expectations. For services market confidence grows to 108.1 from 100.4 and the retail trade to 103.0 from 101.0.
The consumer confidence reports a new rise in March and rose to 110.9 from 107.7 in February (when he scored the highest level since June 2002). This was communicated by Istat in the first data released with the new base year 2010 = 100. A rise is mainly the economic component than the staff. The increase Istat brings the index to the highest level for almost 13 years (May 2002). Improve judgments on the economic situation of the country and the expectations on unemployment with growth particularly in the share of those expecting a slight decrease of the latter (increased to 36.6% from 32.6%). Are “slight increase” even future expectations on the economy.
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