Sabato, 22 Settembre 2018

Italian consumer confidence picks up


Rome, June 24 - Consumer confidence in
recession-hit Italy picked up considerably this month, Istat
said on Monday.
The national statistics agency said that its
consumer-confidence index climbed to 95.7 points in June, its
highest level since March 2012.
In May the index was 86.4, although Istat stressed that
changes regarding the poll sample used for the index and the
compilation of the data may account for a part of this big
Consumer confidence is important because people tend to
spend less if they are pessimistic about the economic climate,
which makes it harder for the economy to return to growth.

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