In the second quarter of 2016 of the Italian consumer confidence registered a new setback and it is much more worrying for what happened in the period from January to March when the reading was also negative . First of all this is the second consecutive decline, that prevents classifying the weakness made record in the first three months of the year as a physiological slowdown after the big run in the second half of 2015; second, the loss is much broader: it is in fact passed from -2 to -4 points in the first quarter of the second. Finally it should be noted that the Nielsen index is returned within the range in which it has moved from the second quarter of 2011 to the same period of 2015, a period that corresponds to the one of greatest crisis for consumption.
In detail the confidence index calculated by Nielsen fell to 55 points from 59 in the first quarter of this year and the last 61 of 2015; the only small consolation that the most recent data is still at higher levels than those made to mark twelve months ago (53 points).
That the situation has deteriorated markedly confirmed by sales of modern distribution in the first six months of this year have accumulated a loss in the order of 1.3%, nearly three times the value compared to twelve months earlier.
things are much better in the rest of ‘Europe. Britain has risen from an altitude of 97 to 98; But the real leap him make a sign France and Spain, which rose from 64 to 66 points, respectively, and 74 to 80. The only discordant note comes from Germany declined from 97 to 96.
Security the workplace continues to be the main concern of Italians: 19% of respondents have in fact responded well, thus mark a figure in line with that of the previous three months. It then increased alarmingly – from 73% to 76% – the percentage of those who think that “the situation of his personal finances will be very bad or very good in the next twelve months.” As well as increased from 79% to 81% the percentage of those who “regard the present time not good or bad to buy the things you want or need it.”
These factors had as a direct result of an increase in the propensity to save: if in the first three months of the year was “only” 35% of respondents state that they “devote to saving money available after satisfying the essential needs”, in the period April- June the percentage rose to 36%.
also grows in very worryingly the number of those living in hardship: as much as 27% of respondents said they “do not have cash available after satisfying the needs essential; They were 24% three months earlier.
It should also be noted how the fear of “terrorism” is rapidly spreading throughout Europe: in fact, this is a major concern for 22% of Germans, 23% of French and 13% of Britons. In Italy the percentage stops at 10%, which still represents the second most important item after the “job security.” And then we must not forget that the bombing in Nice and the latest episodes in Germany had not yet occurred when Nielsen closed its survey (July 4).
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