Martedì, 23 Ottobre 2018

Italian business confidence at three-year low


(ANSA) - Rome, September 27 - Business confidence in
recession-hit Italy dropped to its lowest level in three years
this month, Istat said on Thursday.
The national statistics agency said its business confidence
index fell from 79 points last month to 75.5 in September.
The last time it was lower was in March 2009, when the
index plunged to an all-time low.
Istat said the fall was due to pessimism among
entreprenuers in the services sector.
It said its indices fell in all the various areas that make
up the sector - transport and storage, IT and communication
services, business services - except for tourism services.
Confidence was up, however, among companies in the
industry, construction and retail sectors.

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