Friday, May 27, 2016

Trust, in May grows that of companies (+0.7 103.4). Consumers down: -1.4 112.7 – Il Sole 24 Ore

May difficult month for consumer confidence: the index records it has diminished by 1.4 points, rising to 112.7 from 114.1 the previous month. As for the climate of business confidence, always in May there was a slight increase to 103.4 from 102.7 in April. In particular, the climate of trust between the companies falls in manufacturing (to 102.1 from 102.7), in construction (to 120.4 from 121.2), in market services (to 107.4 from 107.9 ) and in retail trade (to 100.9 from 101.9).



More confidence among businesses, declining for families

Manufactures, worse expectations of
to Istat, which today issued the latest updated data, manufacturing enterprises worsen the opinions on orders (from -14 to -15), while expectations on production remain stable at 10; the balance of the opinions on stocks increases to 3 to 4. In construction improves the opinions on orders and / or construction plans (to -34 from -35) and worsen employment expectations. In the Services enhance expectations for orders (from 8 to 11) but worsen the opinions on orders and expectations for the Italian economy (from 12 to 11 and from 2 to -1, respectively). In the retail trade worsened expectations on future sales (14 from 23), remain stable assessments on current sales and the balance on inventories passes to 5 from 11.

FOR CONSUMER CONFIDENCE
Indices seasonally adjusted base 2010 = 100 (source: Istat)

Consumers, in contrast staff climate
staff climate of consumer confidence Institute of statistics is detected instead grew to 105.4 from 104.8, “but decrease the economic component to 135.9 from 140.2, the future of 120 and 117.8 the current from 110 to 109.8. ” Overall, the judgments and expectations of consumers on the country’s economic situation worsened (to -47 from -39 and 3 to 8 respective balances). Increase both the balance for opinions on prices during the past 12 months (to -27 from -36), is that of expectations for the next 12 months (to -20 from -33). Worse expectations on unemployment (from 21 to 25, the balance).

oF tHE ITALIAN bUSINESS CONFIDENCE
by sector of economic activity. Seasonally adjusted indices, base 2010 = 100 (Source: Istat)

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