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Italian consumer and business morale improves in June

Friday 26 June 2020 | 15:07 CET | News
Italy's consumer and business confidence rose again in June after plummeting to the lowest levels in years during the Covid-19 peak and resulting lockdown, according to the latest report from national statistics office Istat. In its statement, the agency said June revealed "the first signs of recovery after the record fall registered in previous months", with consumer morale rising to 100.6 from 94.3 in May, while the overall business confidence index, combining manufacturing, retail, construction and services sector surveys, improved to 65.4 in June from 52.7 in May.

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