Italy consumer sentiment rises as business morale falls
Italy's consumer confidence rose to 93.4 in May, beating forecasts. Business morale fell to an eight-month low as the government holds a low growth outlook.
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Italy consumer confidence rose to 93.4 in May, beating the 90.1 median forecast from a Reuters poll of eight analysts. Business morale fell to 94.1, marking an eight-month low. Consumer resilience contrasts with manufacturing and services weakness across the euro zone's third-largest economy.
