Italian Services, Retailers', Construction Confidence Rises

Thursday, Italian research institute ISAE reported that the confidence indicator for the service sector rose to 7 in August from minus 8 in July. The July reading was the weakest since January 2003.

Separately, the ISAE said confidence in the retail trade sector rose to 106.5 from 98.5 in July. According to the ISAE, the July reading was the lowest since May 2005.

In the construction sector, the thin-tank said confidence rose to 86 from 83.2.

by RTTNews Staff Writer

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