mercoledì 25 luglio 2012

Italian consumer confidence rebounded in July

The Italian consumer confidence index unexpectedly rebounded from 85.4 in June - the historical low of the index - to 86.5 in July. The improvement was led by the view on the Italian economic outlook and a better view on the labour market. Despite the rebound in July the index remains on historically low level, signalling that consumer spending may continue contracting in Q3.

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