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Istat: consumer confidence rises to 101,1, the highest since 2011

According to data released by the Statistical Institute, consumer confidence is improving, with the index growing for the fourth consecutive month, reaching 101,1, the highest since June 2011 – Both the personal picture component and the that of the economic framework.

Istat: consumer confidence rises to 101,1, the highest since 2011

Consumer confidence up for fourth month in a row. The related Istat indicator, in fact, climbed to 101,1, a clear increase compared to 98,4 in August, the highest since June 2011. Both the component relating to the personal picture improved, from 98,9 to 102,4 ,97,7 than that relating to the economic situation, from 99,7 to XNUMX.

The index on the current situation rose sharply, from 96,9 to 102,6, while that on the future situation showed a slight decrease, from 101,0 to 100,4. The judgment on the economic condition of the country passes from -117 to -108, even if expectations worsen, from -7 to -11. Unemployment expectations improved, from 68 to 72.

Opinions and expectations on the household's economic situation are also growing (the balances go respectively to -58 from -66 and to -11 from -15), as does the balance of opinions on current savings opportunities, from 121 to 140. Against the trend , however, the opinion on the future possibilities of saving, from -44 to -48.

Confidence improved throughout the country: the opportunities to purchase durable goods also increased, from -90 to -79, while the balance of judgments on the recent evolution of consumer prices decreased (from 51 to 46). Assessments of the evolution of prices over the next twelve months indicate a decrease in the inflation dynamics (the balance passing from -1 to -5).

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