Consumer confidence still declining in august

It is the third consecutive decline: the index it withdraws from 104.4 to 101.9 points. Weighs in particular, the economic climate, on the situation in the country: reviews of current conditions and the expected worsen

MILANO - Consumer confidence drops still: in August the index moves back to 101.9 from 104.4 , by recording the third consecutive decline. To find a lowest value we need to return to march (101.8 ). The detects the Istat, which explains that the deterioration is widespread, but to give up more points and the economic climate, on the situation in the country. The lack of confidence comes mainly from the economic component, which drops to 107.6 from 114.2 , while the one referring to personal framework passes to 100.1 from 101.2 . Indexes referring to current climate and future decrease, respectively, to 101.5 from 104.0 and 103.4 to 106.2 . As for the economic situation of the country, reviews of current conditions get worse: the balance goes to -91 to -79; also for the expectations there is a worsening: the balance goes to -7 to 6. As far as the unemployment expect increases: the balance grows, in fact, to 56 from 53. The balance relative to the reviews on the economic situation of the family improves slightly passing to -55 from -56, while the one on the expectations decreases to -13 from -10. THE hotel reviews on the household budget improve slightly (to -12 from -13 the balance). The views on the current opportunity to save recorded a decrease (to 116 from 120 the balance), while there is a slight improvement in future possibilities (-45 to -46 the relative balance). The assessments on the opportunity to purchase of durable goods are in sharp decline (to -90 from -79 the balance). The balance on the recent trend in consumer prices decreases to 1 to 9 of the previous month. The balance of the expectations on the trend of prices, on the other hand, improves arriving to -21 from -25 of the previous month. A territorial level, the climate of confidence decreases in all divisions with the exception of the Center, which is stationary. "THE Istat data are fearing a autumn black on the front of the consumption of the Italians", aggerma the Codacons. "The index on consumer confidence is strongly indicative of the propensity to purchase of families - explains the president, Carlo Rienzi - if there is no trust as citizens will have to postpone their purchases to better times and to reduce the indispensable their consumption. For this reason, in the light of Istat data, we expect a autumn black on the front of the sales and consumption, with a further reduction which will damage strongly trade already strained by cuts from italian families".