Consumer confidence

In February the confidence climate index decreased from 98.0 to 97.5.

The decrease is partially explained by personal and current components that declined from 100.3 to 98.3 and from 99.0 to 96.7 respectively. Conversely, the economic and future components increased from 92.3 to 96.2 and from 97.6 to 98.8.

The balance concerning expectations on unemployment decreased from 67 to 64.

Finally, the balance on inflation perceptions referring to the last 12 months decreased from 32 to 21 compared to the previous month. The balance on inflation expectations for next 12 months decreased from -7 to -18.