Growth continuing but more moderate says Confindustria

(ANSA) - ROME, MAY 27 - Economic growth in Italy is continuing but at a more moderate pace, according to the monthly analysis on the economy carried out by the Confindustria research centre.
    Italy's growth continued in the second quarter but at a more moderate pace, driven by services, while the situation of industry and construction is less solid. Inflation is persisting as expected, interest rates are rising and loans are falling, said the study body of the industrial employers' federation.
    Mixed signals are coming from consumption, while investments are growing, albeit slightly, the centre said.
    In general, there is weakness on the Eurozone front, while in the USA, industry is picking up again.
    China is slowing down, while India is growing, said the Confindustria experts. (ANSA).