ITALY DATA: February business confidence unexpectedly fell from
January’s 3-year high on worsening output and order expectations,
while current orders improved slightly from the previous month
–ISTAT’s Feb SA index stood at 103.0 (MNI median forecast 103.6) after
January’s 103.4 peak (revised from 103.6 and the highest level since
Feb08).
–See headlines on main wire.