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Italian Retailers’, Services Confidence Decrease In July

(RTTNews) - Friday, Italian economic research institute ISAE revealed in its latest survey that retailers’ confidence in July decreased to the lowest level since May 2005. Separately, the ISAE noted that confidence in the service sector tumbled to its weakest level since January 2003.

According to the survey, the confidence indicator for the retailers decreased to 98.4 in July from 107 recorded in June and that for the services sector plummeted to minus 8 from plus 14.

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