Martedì, 23 Ottobre 2018
ROME

Italian business confidence falls in November

English
© ANSA

Rome, November 29 - Business confidence in
recession-hit Italy this month dropped back to the level of the
three-year low registered in September, Istat said on Thursday.
The national statistics agency said its business-confidence
index fell from 77.1 points last month to 76.4 points in
November, the same as in September.
Apart from 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
entrepreneurs in the services and construction sectors.
Businesses working in industry and retail showed some
improvement, possibly due to the onset of the Christmas festive
season.

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