Tuesday, March 29, 2016

Istat: consumer confidence more than expected – FIRSTonline

In March it enhances the confidence of the consumer , while that of business was down. To say it is Istat, that consumer confidence rose from 114.5 points in February to 115, surpassing analysts’ expectations, at an altitude of 114, while that of companies have experienced a decline from 103.2 to 100, 1. The figure, noted the statistics office, was recorded before the attacks of 22 March in Brussels.

In detail, looking to consumers have improved the estimates referring to the economic components, current and future of consumer confidence increase (respectively, to 142.9 from 141.8, from 110.7 to 111.1 and 120.6 to 120.4), while the personal component shows a slight decrease (105.7 to 105.8).

as for economic situation of the country, improve both the opinions that expectations (to -34 from -37 and 5 from 4, respectively). Judgments over the past 12 months prices and expectations over the next 12 months go down (to -36 from -26 and to -30 from -20). Do not change compared with the previous month, unemployment expectations (the balance to 12).

In terms of business , confidence rises only in manufacturing (102.2 to 102 ) while the highest decrease is registered in services (from 106.5 to 103.2). In manufacturing companies improve the assessment on orders (to -13 from -14), the production expectations remained stable (9), while judgments about stocks go to 4 from 3. In construction worse assessments on orders and / or plans construction (to -37 from -35) and remain stable employment expectations (-7).

in the service drop the judgments and expectations for orders (to -1 from 7 and 2 from 7, the respective balances), while improving expectations for the economy (from 5 to 7). In the retail trade worsens the balance of opinions on the current sales (5 of 13), compared with an increase of one related to expectations of future sales (28 to 19).
               

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