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The Italian statistical office Istat released its consumer confidence index for Italy on Wednesday. The Italian consumer confidence index decreased to 112.7 in May from 114.1 in April. April's figure was revised down from 114.2.
The decrease was driven by declines in economic, current and future components.
The business confidence index fell to 102.1 in May from 102.7 in April.
The decline was driven by a less favourable assessment on order books.
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