Italy Consumer Confidence, Business Morale Weakens
Italy's consumer confidence decreased in April to the lowest level in five months, survey results from the statistical office Istat showed on Wednesday.
Consumer sentiment dropped to 95.2 in April from 96.5 in the previous month.
Among components, the economic climate index fell to 99.4 in April from 101.9 in March. The index measuring the personal climate decreased to 93.7 from 94.6, and the future climate dropped from 93.9 to 97.2. Meanwhile, the current climate index rose somewhat to 96.2 from 96.0.
The data also showed that the composite business confidence index fell to 95.8 in April from 97.0 in March.
The index measuring sentiment among manufacturers declined to 87.6 from 88.4. The morale for construction worsened notably, with the index falling to 103.4 from 105.7. Similarly, confidence weakened in both the market services and retail trade.
Economic News
Reprinted from RTTNews,the copyright all reserved by the original author.
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.