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Italy: Consumer confidence rises in June – Istat

27 June 2023 21:15 (UTC+04:00)
Italy: Consumer confidence rises in June – Istat

Consumer confidence rose in Italy in June to reach the highest value since February 2022, Azernews reports, citing ANSA.

The national statistics agency said that, after a slight dip in May, its consumer-confidence index rose from 105.1 to 108.6.

Instead the IESI business-confidence indicator decreased for the second consecutive month, falling from 108.6 to 108.3, «its lowest level since last December», Istat added.

The decline «is mainly determined by the deterioration in the manufacturing and retail sectors», according to the stats agency.

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