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Consumer, business confidence back to pre-COVID levels

Consumer business confidence back to preCOVID levels
Vaccine campaign has boosted optimism says consumer group © ANSA

(ANSA) - ROME, MAY 27 - ISTAT said Thursday that business and consumer confidence in Italy have returned to the level of before the start of the COVID-19 pandemic.    The national statistics agency said its consumer.confidence index increased from 102.3 to 110.6 in May, roughly the same level as February 2020.    Its IESI business-confidence index rose 97.9 to 106.7, continuing a positive trend that started in December and lifting it to the highest level since February 2018. .    The National Consumers Union (UNC) said the figures were good news, with the COVID-19 vaccination campaign and the easing of coronavirus restrictions giving Italian people hope for the future. (ANSA).   

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