(Finance) – The data released today by Istat confirm a worrying trend downward of the climate of trust Of consumers And businesseswhich pass respectively from 98.8 to 95 and from 94.7 to 93.3.
“Consumer trust records a setback in March, with the index that returns to descend and records a clear worsening in all its components,” commented the Codacons. “Compared to the first two months of the year, in March the index on the economic and future climate collapses, and marked Cali are also recorded for the personal climate – explains Codacons – the expectations of families on the country’s economic situation are therefore in marked worsening, a picture that is affected by the tensions taking place on the economic front, with the duties wanted by Trump and the commercial war between the USA and UE “https://www.Finance.it/detaglionews/199_2025-03-28_TLB/.” The risk is now that of one consumption contraction by families, who in a climate of negative trust are led to cut the expenseas the data on the major shows among other things propensity to saving Registered in March by Istat, “he warns Codacons.
“Bad given. After the February Exploit, with the recovery of lost trust in the fourth quarter 2024, in March we return to the harsh reality, to the effort of having to get to the end of the month. The trust falls by marking the worst value for almost a year and a half now, that is, since November 2023 when it was equal to 93”, he says Massimiliano Donationpresident of theNational Consumer Union by commenting on the Istat data on trust.
“If the announcement of Minister Giorgetti against the dear Bollette and then the launch of the decree was in February, the Italians still had to deal with the Dear energynot having received the extraordinary contribution of 200 euros promised by Meloni for now. Not for nothing they precipitate both the judgment and the expectations on the economic situation of the family. As for the positive balance relating to the current opportunity to save, it is only an optical effect, a technical rebound due to the fact that in February the value had collapsed from 146.6 in January to 134.9, with a loss of 11.7 percentage points, a gap that in March it was not filled, given that with 143.3 it remains under the starting year. Furthermore, always compared to savings, future possibilities go to negative territory, going from +2.1 of February to -8.3. In short, with the Dear bills and the caravandifficult to imagine he can put money from money, “concludes Dona.
The ONF – Federconsumatori National Observatory, found a reduction in the consumption of meat And fish (-16.9%, with a movement also towards the consumption of less expensive and less valuable cuts and qualities); a cut of the consumption of fruit And vegetables (-2.4%); an increasingly assiduous research of offers, discounts, purchases of products close to the deadline (habit adopted by 51% of citizens); An increase in purchases at discount stores (+12.1%).
“Unfortunately they come from the economic front signs worrying: worsens definitely – according to Istat’s surveys – the climate of trust of consumers and companies in March. As for families, pessimism is across the board, substantially involving all the voices, from those on General economic climate to the personal one. For companies it is the second consecutive drop: in particular the sentiment also worsens for the services sectorfrom the tourist, which decrease by 5.5 points, to those of the market, -3 points, while the trade apparently keeps but only thanks to large retailers, since for the shops the index decreases by over 2 and a half points. A situation that could negatively affect spring consumption. ” Confesercenti in a note.
“The most surprising aspect of today’s publication is the strong decline in Italian consumers’s trust, which has lost almost four points, descending at the levels given the last time in April 2024. The drop was mainly determined by the growing concerns for the current and future economic situation of the country”, he underlined Paolo LaceSenior Economist by Ing. “Consumers declared themselves more worried about the unemployment futurehave reported a growing current opportunity on savings and a drop in the intentions to purchase durable goods. The growing visibility of the risks related to a possible commercial war is probably playing a role in this sense, “he added.
“The estate of the labor market and the current recovery of the purchasing power – the result of decent salary growth and relatively contained inflation – are probably perceived as temporary or at least very uncertain, increasing the risk of a delay in the resumption of private consumption “, therefore stressed Pizzoli.