Consumer confidence

In July the confidence climate index increased from 95.8 to 97.3.

The growth is diffused in all components: economic, personal, current and future (the index increased from 91.8 to 94.6, from 97.7 to 98.7, from 92.6 to 96.1 and from 99.4 to 99.6 respectively).

The balance concerning expectations on unemployment decreased from 78 to 68.

Finally, the balance on inflation perceptions referring to the last 12 months increased from 44 to 49 compared to the previous month. The balance on inflation expectations for next 12 months decreased from 0 to -13.