Italian Business Confidence Rises More Than Expected This
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Italian business confidence rose this month more than economists forecast as executives became more optimistic about a recovery from the country’s recession.
The manufacturing-sentiment index advanced to 88.3 from a revised 87.3 in August, Rome-based national statistics institute Istat said today. Economists had predicted a reading of 87.5, according to the median of 12 estimates in a Bloomberg News survey.