Consumer and business confidence index improving in December

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An increase in the consumer confidence climate index is estimated in December (from 98.1 to 102.5). This was communicated by Istat, explaining that it is the second consecutive increase, mainly due to a positive evolution of opinions on the country’s economic situation (including those on unemployment); the variables relating to the personal situation recorded a more limited improvement.

Good expectations for services and construction

In December, the composite index of business confidence increased from 106.5 to 107.8. Istat always communicates it, explaining that this is the second consecutive increase, reaching a level in any case lower than the average for the period January-November 2022. The increase in the index is mainly conveyed by judgments and expectations in improvement both in the services sector and in that of construction.