Новости, Экономика

22 июн 14:29
Italy June Consumer Sentiment Falls To Record Low

Consumer confidence in Italy deteriorated to a record low in June, and came in below economists' expectations, data released by statistical office Istat showed Friday.

The consumer confidence index dropped to 85.3 in June from 86.5 in May. Economists were looking for a reading of 86. The index declined for the third consecutive month, and the latest reading was the lowest since the series started in 1996.

Households' views of the general economic climate turned more downbeat in June, with the relevant indicator falling to 59.7 from 64.2 in the previous month.

Italian consumers were less optimistic about their present personal finances during the month. The corresponding indicator dropped to 94.8 from 95.2 in May.

The sub-indicator that measures households' expectations for the general economic climate in the coming months decreased to 72.9 from 75.7 in the previous month, data showed.

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