Italian consumer and business
confidence fell in November, ISTAT said Friday.
The consumer confidence index fell from 101.7 to 98.1, the stats
agency said.
The business index fell from 92.2 to 82.8.
The business confidence drop was largely due, ISTAT said, to
"the strong worsening of market services".
All the components of consumer confidence were down, the
statistics agency said, "albeit with different intensities".
The economic climate and the future climate showed the sharpest
drops, falling respectively from 87.2 to 79.3 and from 104.0 to
98.8.
The personal climate fell from 106.4 to 104.7 and the current
climate dropped from 99.9 to 97.4.
As for business, ISTAT said "the worsening of confidence is
spread across all sectors".
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