Italian consumer confidence reaches highest level in a year

STORY: Italian consumer confidence reaches highest level in a year DATELINE: April 28, 2023 LENGTH: 00:00:34 LOCATION: Rome CATEGORY: ECONOMY SHOTLIST: 1. various of Italian consumers STORYLINE: Consumer confidence in Italy reached its highest level in more than a year in April, the government's main statistical entity (ISTAT) reported Thursday. ISTAT said its consumer confidence index rose for the third consecutive month in April, climbing to 105.5 from 105.1 a month earlier. This is the highest level since March 2022. "The positive trend in the index reflects the improvement in assessments of the general and current economic situation," ISTAT said. However, improvements in personal economic situations have been less robust, it added. Business confidence also climbed in April, rising to 110.5 from 110.1, but the components of that survey were mixed. Although respondents noted an improvement in the current economic climate, there was also a drop in confidence about future economic circumstances. The

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• ILEA001268014

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• 2023/4/28 00:00:00

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• Xinhua / Kyodo News Images

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