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Press release

Consumer Confidence Survey

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The confidence index falls in August from 103.7 to 100.3.

The downswing is mainly due to a pessimism particularly focused on the overall economic situation, whose confidence decreases from 74.9 to 70.0.

The indicator on the personal climate worsens from 118.8 to 116.2  while that on current situation decreases from 116.5 to 112.8 and  that on  short terms expectation shows the proportionally less marked decline (from 87.8 to 87.5)

Finally, inflation perceptions for the last 12 months remain unchanged with respect to July outcomes,  while the expectations for 12 months ahead distinctly slow down.

Reference period: August 2011

Date of Issue: 29 August 2011

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