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Istat: consumer confidence drops in October, up for businesses

2020-10-29T09:42:11.004Z


In October, Istat estimates a decrease in the consumer confidence climate index (from 103.3 to 102.0) while the composite index of business confidence rises from 91.3 to 92.9. (HANDLE)


(ANSA) - ROME, OCTOBER 29 - In October, Istat estimates a decrease in the consumer confidence climate index (from 103.3 to 102.0) while the composite index of business confidence rises from 91.3 to 92.9.


    As regards the climate of consumer confidence, the Institute underlines, "a widespread and marked worsening of opinions regarding the general economic situation and the trend in unemployment is recorded, while the assessments on the personal situation are less negative". Instead, the recovery in the business confidence climate continues, "albeit in a more moderate manner, with the index increasing for a consecutive fifteen month. The improvement concerns industry and retail trade", while "the recovery, compared to previous levels. 'health emergency is complete only for the construction sector ", indicates Istat. (HANDLE).


Source: ansa

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