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Italian business confidence rises as consumer morale slips again

Wednesday 27 March 2019 | 12:03 CET | News
Italian consumer confidence fell to 111.2 points in March compared to 112.4 the previous month, its lowest level for 18 months, according to the latest data from national statistics office Istat. All components – economic, as well as personal, current and future expectations – worsened in March, said Istat. However, overall business confidence improved after recent falls, with the composite reading rising to 99.2 from 98.2 the previous month in spite of a decline in manufacturing.

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