Italy: Consumer confidence virtually unchanged in April
April 27, 2017
The National Institute of Statistics’ (Istat) consumer confidence index dipped from March’s 107.6 points to 107.5 points in April, thus remaining well above the 100-point threshold that separates optimistic from pessimistic sentiment.
April’s reading reflected deteriorations in households’ assessments of the current general economic situation and the future general economic situation—with unemployment expectations worsening substantially—likely due to the uncertain political framework and the perceived absence of a clear economic reform plan. Conversely, households grew more optimistic regarding their current and future personal economic situation and became more willing to purchase durable goods.