ITALY DATA: April SA consumer confidence fell to 89.0 from 96.3 in
March, hitting the lowest level since the January 1996 series start,
ISTAT said. The drop was the result of worsening sentiment across all
components, with sharp declines in consumers’ sentiment on the general
economic climate and future outlook, and worsening expectations for
unemployment. Consumers’ sentiment on the economic climate fell to
72.1 from 85.4; confidence in the future outlook fell to 76.6 from 86.3;
and sentiment on the current climate dropped to 96.7 from 102.6, ISTAT
said.