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Press release

Consumer confidence

The confidence climate index grew in July from 85.4 to 86.5.

The increase was notably explained by economic climate and by future climate that raised, respectively, from 60.3 to 68.6 and from 72.9 to 79.8.

The balance concerning forecasts on unemployment decreased from 120 to 112.

Finally, inflation perceptions referring to the last 12 months decreased from 80 to 64 compared to the previous month. Inflation expectations for 12 months fell from 34 to 24.

Reference period: July 2012

Date of Issue: 25 July 2012

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