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Italian business and consumer morale improves in August

Friday 28 August 2020 | 11:29 CET | News
Italy's consumer and business confidence improved in August but still remained well below levels preceding the coronavirus emergency, according to the latest report from national statistics office Istat. In its statement, the agency said business confidence climbed for the third straight month, led by retail trade (from 86.7 to 94.0) and market services (from 66.0 to 74.7). The consumer index inched up from 100.1 to 100.8 following last month's fall, led by the future economic climate index from 85.9 to 90.1.

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