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Press release

Consumer confidence

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The confidence index falls in October from 94.2 to 92.9.

The downswing is mainly due to a widespread pessimism particularly focused on the short term expectations, whose confidence decreases from 85.5 to 81.8.

The indicator on the current climate records a slight fall from 101.2 to 101.0.

The overall economic situation worsens from 78.3 to 75.6 while the personal climate shows a proportionally less marked decline (from 100.6 to 98.6).

Finally, both perceptions on price increase on the last 12 months and expectations for 12 months ahead distinctly accelerate with respect to September.

Reference period: October 2011

Date of Issue: 25 October 2011

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