In July the climate of consumer and business confidence grows

ROMA (ITALPRESS) – In July Istat estimates an increase in both the climate of consumer confidence (from 92,4 to 94,2) and the composite indicator of the climate of trust of enterprises (from 95,3 to 95,6). Consumers show a strong improvement in both the economic and future climate (from 87.6 to 90.9 and from 87.4 to 89.8 respectively); the personal and current climate are more limited (in order from 94.2 to 95.4 and from 96.2 to 97.4). With reference to enterprises, the climate of confidence is increasing in manufacturing and services while falling in construction. More in detail: in manufacturing the index grows from 88,6 to 89,6, in market services increases from 97,2 to 98,1 and in retail trade rises from 105,6 to 106,4. In buildings the index decreases from 101.6 to 96.8.

As for the components of the indexes of trust, the judgments on orders and expectations on the level of production are improving in the presence of an accumulation of stocks. In buildings both variables worsen. Passing to the market services sector, there is a positive evolution of judgments both on the order level and on the business trend; in decrease expectations on orders. In retail trade there is a positive trend in sales expectations, widespread both at large and traditional distribution, while the relative judgments worsen; the balance of warehouse stock assessments increases.

– Photo Ipa Agency –

(ITALPRESS).

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