by Eric J. Lyman
ROME, Oct. 5 (Xinhua) — The first round of economic indicators released after the four-month-old Italian government indicated it planned to depart from European Union guidance on budget matters were mostly positive. But economists said it would be a mistake to draw any conclusions from the latest data.
On Friday, Italy’s National Statistics Institute, ISTAT, showed that sales in August were 2.2 percent better than a year earlier, and discretionary family income climbed 1.3 percent in the third quarter. The jobless rate improved slightly, showing 69,000 new jobs in August, and consumer confidence inched higher.The positive signals […]
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