As communicated by Istat, the composite index of confidence of Italian companies shows a marked improvement, rising to 103 from 97.5 in February. The increase applies to all sectors. The factory passes to 103.7 from 100.5 marking a record from June 2011.
They are improving all areas. In manufacture 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.
Although the composite index of consumer confidence, increased to 110.9 from 107.7 in February 2015. The increase in consumer confidence recorded by Istat brings the index to the highest level in 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.
March 30, 2015 10:50 – Last Updated: 9:07
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