In January 2015 with regards to the Consumer survey, the confidence climate index increased from 99.9 to 104.0. The increase is due to a growth in all components: economic, personal, current and future that increased respectively from 103.5 to 109.2, from 98.0 to 102.2, from 97.2 to 102.5 and from 101.9 to 106.5.
The balance concerning expectations on unemployment decreased from 48 to 41. The balance on inflation perceptions referring to the last 12 months decreased from -5 to -22, which is the value registered in the previous month. The balance on inflation expectations for the next 12 months also decreased from -18 to -31.
With regard to Business surveys, the composite business confidence climate index (IESI, Istat Economic Sentiment Indicator) increased to 91.6 from 87.6 in December.
The confidence index in the manufacturing sector fell to 97.1 from 97.3. Production expectations worsened (from 4 to 3) while assessments on order books remained stable (at -24); inventories decreased (from 2 to 1).
The confidence index in the construction sector rose to 77.3 from 72.6. Employment expectations improved (from -27 to -17) while assessments on order books and construction plans remained stable (at -53).