Tuesday, August 30, 2016
It worsens the confidence of consumers and businesses in August. As reported by the ‘ Ansa , the climate Istat index of consumer confidence rose from 111.2 in July to 109.2, and the composite index of business confidence Iesi climate falls from 103 to 99.4 in the first survey after the attacks of Nice. For businesses, the falls climate in all sectors and, for families, all the trust components show a decrease, albeit with different intensities. The economic climate increased from 129.8 to 125.5, decreasing for the fifth consecutive month.
The staff members, current and future consumer confidence, after the increase recorded in July, returning to position itself on the levels of June. Also, opinions on the country’s economic situation confirmed deteriorating for the fourth consecutive month, as well as worsen the expectations on unemployment. Among the companies, the sharpest decline in confidence is in market services (from 108.3 to 102.4) and in the retail trade (from 101.3 to 97.1 ). The decline was milder in manufacturing (from 102.9 to 101.1) and in construction (from 126.2 to 123.5). In manufacturing companies worsen both the opinions on orders is, slightly, the production expectations and judgments about stocks remain stable. In construction worse assessments on orders and construction plans and employment expectations remain stable. In services worsen all climate components: decreased balances of the judgments and expectations on the level of orders as well as the balance of expectations for the economy in general. In retailing, eventually, impair the opinions on current sales, the balance of which turned negative for the first time since January 2016, and the expectations on future sales. These trends in the confidence of consumers and businesses do not take into account the effect of the earthquake in central Italy because they are based on interviews concentrated in the first half of the month.
Source: Ansa
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