Italy: Consumer confidence decreases in June
June 28, 2016
The National Institute of Statistics’ (Istat) consumer confidence index declined from a revised 112.5 in May (previously reported: 114.1) to 110.2 in June. The result was below market expectations of a 112.5 reading and marked a ten-month low.
May’s result reflected a deterioration in households’ assessment of both their current personal economic situations and the country’s economic situation. It also reflected a deterioration in households’ expectations regarding their future personal situation and the future of the economy.