ECB holds ad hoc meeting to discuss market rout
A woman shops at Campo de’ Fiori market in Rome, Italy, June 15, 2022. REUTERS/Guglielmo Mangiapane/ File Photo Purchase LicensingRights, opens new tab
ROME, July 25 (Reuters) – Italian consumer morale rebounded in July but business sentiment fell back, data showed on Friday, giving mixed signs over the prospects of the euro zone’s third largest economy.
National statistics institute ISTAT’s consumer confidence rose in July to 97.2 from 96.1 in the previous month, well above a median forecast of 96.0 in a Reuters’ poll of seven analysts. It was the highest reading since February.