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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessRebound in Consumer Sentiment Boosted by Future Expectations
ITALY NOV CONSUMER CONFIDENCE 98.1 (FCST 91); OCT 90.1
ITALY NOV MANUFACTURING CONFIDENCE 102.5 (FCST 99.5); OCT 100.7r
- Italian consumer confidence rebounded by 8 points to 98.1, boosted by markedly improved economic expectations. Perceptions of the current climate also improved.
- The upside surprise lifted consumer sentiment to the highest since June, beating consensus expectations of a one-point improvement and outpacing modest upticks seen in this morning's German and French data.
- Both manufacturing, services, retail and the general business climate sentiment indicators saw around 2-point improvements, as future expectations outpaced downwards pressure from falling order books.
- Continued improvement across euro area consumer sentiment levels will be closely watched by the ECB. Whether this translates into imrpoved consumer spending and a boost to GDP, even further inflationary pressures, will be closely watched in the Q4 and Q1 2023 data.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.