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Istat, consumer confidence down in October

The index drops to 92,9 points from 94,2 in September – Strong territorial imbalances: the data improves in the North and worsens in the Centre-South.

Istat, consumer confidence down in October

Italians believe in it less and less. According to the latest Istat data, between September and October the index which measures the degree of consumer confidence dropped from 94,2 to 92,9 points. However, the result does not reflect a homogeneous territorial situation: the climate of trust, in fact, better in the North, particularly in the North-East, while drops markedly in the Centre-South.

At the national level, the decline is widespread in all components and is particularly marked for the index which measures all components short-term expectations, which decreases from 85,5 to 81,8. The trust on current situation recorded the smallest decrease, from 101,2 to 101. The index of economic climate drops from 78,3 to 75,6, while that relating to personal situation drops from 100,6 to 98,6.

In particular, the present and prospective assessments of the situation of the country, judgments on the family's economic situation and savings forecasts.

As for the job market, also on this front, assessments of one's personal situation and the state of one's family budget are decreasing. Only the judgments on the present opportunity to save improve.

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