Italian consumer confidence is slipping this Christmas

Italian consumer confidence has fallen from 98.2 (revised from 98.3) to 96.2 in December, according to Istat.

Analysts had forecast a slight increase to 98.8.

Statisticians said that the decreased can be explained by personal and current components that decreased from 101.1 to 97.3 and from 99.2 to 95.0 respectively.