Meeting consumer confidence but businesses are “cold” – AGI – Agenzia Journalistic Italy

18:27 August 28, 2015

(AGI) – Rome, 28 August – Balza consumer confidence Italians, who seem to believe more and more ‘to a possible economic recovery, but holding back business investment, which remain rather skeptical about future prospects. In any case, both indexes are calculated by ISTAT on the maximum levels of the past two years. So ‘as the Eurocoin the Bank of Italy moves on top
summer 2011. In detail, the indicator of consumers increased to 109 from 106.7 the previous month, while the composite index of the climate Italian business confidence switch to 103.7 from 104.3.
All components of the climate of consumer confidence increased to a greater extent the economic (to 132.3 from 128.2) and measure more ‘ reduced other: personal to 101.4 from 99.5, to 104.0 from 101.7 the current and future to 117.4 from 114.7. Improve both the opinions and expectations of consumers on the current economic situation of the country (to -62 from -68 and -4 5, the respective balances). Respondents judged growing prices in the past 12 months and for the next 12 months (to -14 from -17 and to -14 from -22, balances).
Regarding businesses, the confidence climate in the retail trade (to 107.5 from 106.9) and construction (to 119.5 from 117.6). Decreases in manufacturing companies (102.5 from 103.5) and, slightly, in the market services (to 109.7 from 109.9). In manufacturing companies worsen the opinions on orders (from -12 to -15, the balance), the production expectations remain stable (11) and the judgments about stocks (3). In construction improved slightly both the opinions on orders and / or construction plans and expectations on employment (to -32 from -34 and to -10 from -11, the respective balances). In business services is worsening the judgments that the expectations for orders (from 7 to 4 and 5 to 9, the respective balances) but improved expectations on the general economy (19 to 12). In the retail trade improved expectations of future sales (to 28 from 22 the balance), while worsening assessments on current sales (to 14 from 16) and accumulation are deemed inventories (12 from 10).
Critics Federconsumatori and Adusbef. “For the month of August, Istat reported growth of consumer confidence. It is a recording that do not hesitate to define implausible The crisis that for years grips Our economy can not ‘say some completed and considering the high rate unemployment, the collapse of the purchasing power of families and the decline in consumer spending we wonder how we can bring a positive, “say the Rosary Trefiletti and Elio Lannutti. The figure ‘instead positve for Codacons. “The climate index of consumer confidence rose to 109.0 in August from 106.7 in July and ‘definitely a good sign, but attention to the blunders and enthusiasm,” says the president Carlo Rienzi.