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Italian consumer confidence down again

Istat index drops to 104.6 points in July from 105.6 in June

Redazione Ansa

(ANSA) - Rome, July 24 - Italian consumer confidence fell for the second consecutive month in July, national statistics agency Istat said Thursday.
    The agency said its consumer-confidence index dropped to 104.6 points this month from 105.6 in June.
    Consumer confidence is important because people tend to spend less if they are pessimistic about the economic climate, which will make recovery from Italy's longest postwar recession more difficult.
   

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