Retail trade sentiment slipped to 101.9 from 102.8. While assessments on current sales improved (up from 15.1 to 19), business trend expectations deteriorated sharply (dropping from 21.7 to 14.7). Inventory levels saw a marginal decline.
However, business confidence presented a more upbeat picture, with Istat’s Economic Sentiment Indicator (IESI) climbing from 93.1 to 93.9.
Manufacturing confidence improved modestly, rising from 86.6 to 87.3, supported by stronger production expectations (balance up from -1.3 to 1), despite slightly weaker order book assessments and lower stock levels.
Market services showed a positive trend, with confidence increasing to 95.6 from 94.5, as firms reported greater optimism in current business conditions and more favourable order book evaluations.
ALCHEMPro News Desk (SG)
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