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Italy's consumer confidence index rose sharply in May

According to the report from Istat, in May 2021, the consumer confidence index increased from 102.3 to 110.6 thanks to a rise in all its components, but mostly in the future climate and the economic one. In more details, the future climate surged from 109.6 to 122.5, the economic one progressed from 91.6 to 116.2, the personal one grew from 105.9 to 108.7 and, finally, the current one rose from 97.4 to 102.6.

With reference to the business confidence climate, the index (IESI, Istat Economic Sentiment Indicator) made progress from 97.9 to 106.7.

The confidence index in manufacturing rose from 106.0 to 110.2. The confidence index in construction went up from 148.5 to 153.9. The market services confidence index got on from 87.6 to 98.4. The retail trade confidence index confirmed the last month positive trend passing from 96.0 to 99.3.

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