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Italy's consumer confidence index declines in October 2023

With reference to the business confidence climate, the index or the Italian National Institute of Statistics (ISTAT) Economic Sentiment Indicator (IESI) confirmed its decrease, moving down from ***.* to ***.*, ISTAT said in a press release.

The confidence climate in manufacturing regressed from **.* to **.*. On the whole, firms showed more concern about current order books (the related balance passed from -**.* to -**.*), but predicted a slight recovery for production (the balance moved up from *.* to *.*). At the same time, the level of inventories varied from *.* to *.*.