Italian Consumer and Business Confidence Up Says Istat

Rome: Both consumer confidence and business confidence have risen in Italy this month, Istat said on Thursday. The national statistics agency reported that its consumer-confidence index rose from 92.7 to 96.5 in May.

According to Ansa News Agency, Istat also highlighted an increase in its IESI business-confidence index, which went up from 91.6 to 93.1. Positive signals were observed across all business sectors, except for the construction sector.