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Press release

Consumer confidence

The confidence index grows in November from 93.3 to 96.5.

The improvement is mainly due to a widespread optimism particularly focused on the short term expectations, whose confidence increases from 82.1 to 89.1.

The indicator on the current climate grows from 101.0 to 102.2.

The overall economic situation improves from 76.0 to 83.4 while the personal climate increases from 98.6 to 101.6.

Finally, perceptions on consumers price increases in the last 12 months continue to accelerate, but expectations for the next 12 months are lower than in October.

Period: November 2011

Date of Issue: 24 November 2011