World Economy

Italy Business Confidence Soars

Italy Business Confidence SoarsItaly Business Confidence Soars

Consumer and business confidence have increased sharply this month, Istat said on Monday, ANSA reported. The national statistics agency said its consumer-confidence index for September was 112.7 points, compared to 109.3 in August. It is necessary to go back to March 2002, when the index stood at 114.4 points, to find a higher level. The business-confidence index stood at 106.2 points, compared to 103.9 last month. That is the highest since it stood at 107.1 points in November 2007.