Italy's indices for consumer, biz, manufacturing confidence dip in Apr
The index for manufacturing confidence climate weakened from 86.0 to 85.7.
A reduction characterised all components of the consumer confidence index: the economic climate worsened from 93.2 to 89.6; the personal one from 95.7 to 93.9; the current one from 97.9 to 95.4 and the future one from 91.1 to 89.1.
Italy's consumer confidence index dropped from 95 to 92.7 in April, while the index for business confidence further fell from 93.2 to 91.5, according to Istat. The index for manufacturing confidence fell from 86 to 85.7. In manufacturing, assessments on order books marginally improved, while expectations on future production fell. The retail trade confidence climate edged down from 103.8 to 101.8.
In manufacturing, assessments on order books marginally improved, while expectations on future production decreased. The balance of inventories remained stable at 3.
The retail trade confidence climate edged down from 103.8 to 101.8. Respondents markedly worsened their assessments on current business activity (the related balance slumped from 14.1 to 6), while they positively appraised future volume of sales (the balance of the variable grew from 26.1 to 28.6). With regard to the inventories, the balance increased once more from 7.8 to 8.7.
Fibre2Fashion News Desk (DS)
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