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Consumer confidence down to lowest since Jan 2021

Index falls from 112.4 to 100.8 in March says ISTAT

Redazione Ansa

(ANSA) - ROME, MAR 25 - Italian consumer confidence has sunk to its lowest level since January 2021, ISTAT said Friday.
    In March, it is estimated to have dropped from 112.4 to 100.8, the stats agency said.
    Business confidence showed a less sharp drop, from 107.9 to 105.4.
    ISTAT said the fall in consumer confidence "is essentially due to the strong deterioration of expectations both on the country's economic situation and on the personal one, as well as increase in expectations on unemployment". (ANSA).
   

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