Mon, 29 Jul 2013 10:04:04 GMT
Italian business confidence expands more than forecast in July
Italy's business sentiment advanced in July well ahead of economists expectations. The business sentiment index increased form 90.5 last month to 91.7 this month, overshooting economists expectations of 91. Italian retailer sentiment also increased from 80.9 in June to 82.1 in July, adding to signs it boosted the comosite economic confidence index higher to 79.6 this month.