(Telestock) – Business confidence rises again in Augustafter the decline recorded in the period April-July, thanks to the improvement in services and in particular in tourism and information and communication sectors. The consumer confidence index, on the other hand, decreaseshighlighting the first trend reversal since last May.
This is what the latest report from theIstataccording to which the consumer confidence index is estimated to decrease from 98.9 to 96.1, while the composite indicator of business confidence rises from 94.3 to 94.7.
Among consumers, opinions on the economic situation are deteriorating general from 105.6 to 102.3 both those on the personal situation from 96.5 to 93.8. The ratings on the future and current situation are inspired by the pessimism (future climate goes from 99.4 to 95.7 and current climate drops from 98.5 to 96.3).
As regards the businessesthe confidence index decreases in theindustry (from 87.6 to 87.1 in manufacturing and from 103.6 to 103.3 in construction) and in trade at retail (from 102.6 to 101.4). Positive signals come from the sector of market services where the index increases from 96.0 to 97.9.
In particular, a widespread improvement of all components of the services: In the trade at retail, worsening assessments on sales and inventories are combined with an increase in expectations on future sales. At the distribution circuit level, the index increases only in traditional distribution (from 109.5 to 111.3) while in large-scale distribution there is a decline (from 99.3 to 98.0).