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Press release

Consumer confidence

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In May the confidence climate index grew from 105.5 to 106.3.

The increase is explained by the components economic, personal and current that increased respectively from 115.3 to 118.1, from 100.6 to 102.0, from to 101.6 to 104.6. The future component decreased from 109.4 to 108.9.

The balance concerning expectations on unemployment decreased from 44 to 42.

Finally, the balance on inflation perceptions referring to the last 12 months decreased from 3 to -4 compared to the previous month. The balance on inflation expectations for next 12 months was stable at -33.

Reference period: May 2014

Date of Issue: 27 May 2014

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