Italy's consumer confidence drops in May

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Source: RTT News
© Scanpix/FP
Consumer confidence in Italy dropped surprisingly in May largely due to a decrease of the economic climate index falling from 73.3 in April to 70.57 recorded in May, a survey released by the statistical office Istat showed on Friday. The consumer confidence index declined from 86.3 in April to 85.9 in May, while it was originally forecast to score 86.9.

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