Financial decision-maker sentiment: Italy

An ongoing look at how the attitudes of financial decision makers in Italy are evolving during the COVID-19 pandemic.

The majority of financial decision makers in Italy feel the current economy is weak, although numbers improved slightly since June. While the majority still expect it to remain the same or worsen over the next three months, expectations are improving consistently in the past 5 months. Additionally, though almost 70 percent feel their current financial situation is weak or somewhat weak, only 27 percent expect it to weaken in the next three months. Almost 60 percent of consumers are concerned or somewhat concerned about job security, and a similar amount have eight months or fewer in savings to live off. Most feel banks are performing per their expectations; however, sentiment is net negative. Many want their banks to reduce payments or interest rates on loans and have a growing desire for banks to improve their websites for a more seamless transaction experience.

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