Little faith in recovery say retailers

Recession technically over but fear remains - Confcommercio

(ANSA) - Rome, May 16 - Retailers association Confcommercio said Thursday that there was little faith about Italy being on the path towards sustained growth after the economy pulled out of the recession it slipped into in the second half of last year. "Technically the recession has been overcome but our growth levels are so small that we are within the margin of statistical error," said Mariano Bella, the head of Confcommercio's study unit, as he presented the Outlook Italia 2019 report prepared with market-research agency Censis. "Not many people believe in the recovery. "There is a clear sensation of doubt and fear.
    "The country does not have the necessary drive from the public, for example with the propensity to consume, to transform stagnation into something better".
   

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