There consumer trust In March he falls into almost all metrics, according to the latest report Istat. This data, measured through a survey, reflects what the population thinks of the country’s economic situation and their personal perspectives. The judgment on theItalian economy which, despite the growth of employment, is seen in fact in crisis.
Instead, the companies are divided, whose responses reflect a general climate of distrust by the manufacturing, weighed down by the uncertainty, the duties and the price of the energy that makes profits and productivity drop. The construction sector is more optimistic.
Italians have lost confidence
Istat recorded a clear worsening of the climate of trust of Italian consumers in March. By responding to the institute questionnaires, families have recorded a drop of 3.3 pointsfrom 98.8 to 95.0, where 100 is represented by the climate of trust of 2021, a particularly complex period to analyze due to the Lockdown and of the pandemic.
The data is broken down into four “climates”, which bring together the categories of questions in a common index:
- The economic climate represents the trust in Italy’s economic situation and goes from 100.2 to 93.2;
- The personal climate represents the judgments on the condition of their family and goes from 98.3 to 95.7;
- The current climate unites the judgments on family and country to today and goes from 100.5 to 97.9;
- The future climate unites the judgments on family and country for the next few months and goes from 96.6 to 91.1.
The Italians, therefore, think they are worse than they were in 2021 In almost every area. In short, they were better during Covid’s pandemic. If you look at the individual data, they are only the Possibility of savings to be clearly superior, with unemployment and family budget that remain slightly positive. All other metrics are negative.
Hard judgments on Italy
The worst judgments regarding consumer trust are those onItalian economy. According to Istat surveys, it is clear that in March the opinion of the Italians was seriously worsened also compared to the average of the previous months on this issue. On the current economic situation, we move from -65.6 of February, in line with the previous months, to -73.3.
Also the expected for the future they record a collapse. From -31.2, also in this case a data similar to that of the previous months, we move on to -46.0. On a personal level, on the other hand, the drops are more limited, with the sole opportunity to buy durable assets that reports a collapse of flow rate similar to that of judgments on Italy (from -54 to -69).
The trust of businesses
Istat also measured the climate of trust of the companies, which instead is based on orders, stocks, business trends and future expectations. However, in this area, however, the distrust, even if in a less homogeneous way than among consumers. Manufacturing and services lose points (from 97.4 to 94.5 and from 86.9 to 86.0 respectively).
The retail trade remains stable, while trust in the construction sector is growing slightly. The climate is heavily influenced by customs duties promised by the United States and the situation of uncertainty involved by the continuous changes of strategy of American President Donald Trump in this area.
