Italian consumer morale falls sharply in May

Tuesday 29 May 2018 | 15:48 CET | News
Italian consumer confidence suffered a sharp decline in May in the wake of recent inconclusive national elections. The latest data from national statistics office Istat revealed that the consumer confidence index fell from 116.9 to 113.7 in May, its lowest level since last summer, due above all to lower economic expectations. Overall business confidence also fell, from 105.0 to 104.7, led by sharp declines in employment expectations.

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Countries: Italy
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