Italy: Consumer confidence rebounds in July
July 27, 2016
The National Institute of Statistics’ (Istat) consumer confidence index increased from June’s 10-month low of 110.2 to 111.3 in July, beating market expectations of a 109.2 reading.
July’s result reflected an improvement in households’ assessments of their personal, current and future economic situations. Conversely, households’ valuation of the current and future general economic situation deteriorated.