The Italian statistical office ISTAT released its consumer confidence index for Italy on Wednesday. The Italian consumer confidence index climbed to 118.9 in January from 117.7 in December. December's figure was revised up from 117.6.
The increase was driven by rises in all components: economic, personal, current and future.
The business confidence index fell to 103.2 in January from 104.0 in December. December's figure was revised down from 104.1.
The decline was driven by less favourable assessments on order books and production expectations.