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Press release

Consumer confidence

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The confidence climate index fell in May from 88.8 to 86.5.

The decrease was notably explained by economic climate that decreased from 71.6 to 64.4.

The balance concerning forecasts on unemployment increased from 106 to 113.

Finally, inflation perceptions referring to the last 12 months decreased from 91 to 87 compared to the previous month. Inflation expectations for 12 months fell from 50 to 44.

Reference period: May 2012

Date of Issue: 23 May 2012

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