Consumer confidence rises in June – Istat – English

(ANSA) – ROME, JUN 27 – Consumer confidence rose in Italy in
June to reach the highest value since February 2022, Istat said
on Tuesday.
   
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. (ANSA).