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Italy business and consumer morale fall in April

Posted on AllSides April 24th, 2024
From The Center

ROME, April 24 (Reuters) - Morale amongst Italian businesses and consumers fell in April, data showed on Wednesday, casting a shadow over growth prospects in the euro zone's second largest economy going into the second quarter of the year. National statistics institute ISTAT's manufacturing confidence index declined to 87.6 in April from 88.4 the month before, coming in well short of a median forecast of 89.5 in a Reuters survey of eight analysts. ISTAT's composite business morale index, combining surveys of the manufacturing, retail, construction and services sectors, dropped to...

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