Wednesday, October 28, 2015

Consumer confidence at the highest for 13 years, since 2007 that the top firms – Il Sole 24 Ore

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This article was published on Oct. 28, 2015 at 10:35.
The last change is the 28 October 2015 at 12:37.

It is confirmed in October to improve the confidence of consumers and businesses certified by Istat that as early as September had jumped upwards record dalll’inizio crisis in 2007. According to the National Statistics Institute, halls 106.1 in September to 107.5 in October, the composite index of business confidence Italian whilst that the consumer has risen in a month from 113 to 116.9.

As for businesses, improve assessments in the companies of market services (to 113.1 from 112.2), the manufacturing (to 105.9 from 104.4) and retail trade (to 116.6 from 109.2). Bucking the construction sector, where the confidence index declined instead from 123.3 to 119.8. In manufacturing companies the positive comments regarding both orders, both production expectations, while remaining stable judgments about stocks. In construction worse assessments on orders and construction plans, while keeping them stable employment expectations. Service companies say they are optimistic on the overall economy, while far more skeptical expectations on the level of orders. In retailing improve both the opinions on current sales, and expectations of future and declining inventories are judged.

On the consumer side, all estimates of the components of the confidence reported by Istat are on the rise, with a more marked increase for the economic (to 153.0 from 143.9) and milder for the staff (to 103.9 from 103.6), the current (to 109.3 from 108.0) and future (to 127.1 from 122.3).
They improve the estimates in both the opinions both expectations on the current economic situation of the country, while judgments on relative prices in the past 12 months remain at the level of last month. They decreased also, unemployment expectations.



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