In September the climate of confidence of consumers and enterprises

ROMA (ITALPRESS) – In September, according to Istat data, both the climate of consumer confidence and the composite indicator of the climate of trust of enterprises decrease (from 94,5 to 91,2 and from 97,0 to 95,9, respectively). The confidence climate of enterprises decreases after three consecutive months of growth. Istat reports an improvement of confidence only in manufacturing (the index rises from 90.2 to 91.9). Instead, in services and constructions the index is folded: in market services the index falls from 99,4 to 96,9 and in retail trade falls from 106,5 to 104,5, in buildings the indicator decreases from 102,8 to 97,5. As regards the components of the indexes of trust, an improvement of orders is estimated in manufacturing, while the assessments on stocks of finished products remain substantially stable. The expectations on the level of production decrease. In buildings both variables are worsening.

For the market services sector, there is a negative dynamic of all components. Trade shows a positive trend in sales judgments while the expectations worsen, the balance in stock level ratings decreases. With regard to consumers, the dynamics of trust climates and the relative balances estimated in September are partly affected by some changes concerning the organization of the detection network. Net of the estimated effects attributable to such changes, a moderate reduction in the overall climate of trust and personal, current and future climate is observed, while the economic climate is slightly more marked.

-Photo IPA Agency-
(ITALPRESS).

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