Consumer confidence rose in May to
levels not seen since January 2010, national statistics agency
Istat said Tuesday.
The findings suggest households in Italy are feeling
inspired by Premier Matteo Renzi's economic plans including
reforms to reduce unemployment and boost growth.
The confidence index reached 106.3, up from revised levels
of 105.5 in April, the third consecutive month of growth, said
Istat.
The agency said that households seemed to be feeling more
optimistic.
The findings come only days after Italian voters showed
strong support for Renzi's Democratic Party (PD) in elections
for the European Parliament.
The PD took more than 40.8% of the vote - almost double the
21.2% for the Euroskeptic 5-Star Movement (M5S) led by Beppe
Grillo.
ALL RIGHTS RESERVED © Copyright ANSA
