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Italian consumer and business confidence rise in December

Wednesday 23 December 2020 | 14:24 CET | News
Italy's consumer and business confidence rose again in December following November's sharp drops, according to the latest report from national statistics office Istat. The overall consumer confidence index increased from 98.4 to 102.4 due mainly to improved sentiment about economic and future prospects (up from 79.8 to 86.0 and from 99.3 to 106.6 respectively). Business morale, meanwhile, climbed from 83.3 to 87.7 thanks above all to improved readings in market services and manufacturing, partly offset by lower retail trade confidence, said Istat.

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