ITALY DATA: February business confidence fell to in..

ITALY DATA: February business confidence fell to 91.5 from 92.1 in
January, as a result of worsening current orders and a decline in
expected export orders . The index maintained a two-year low, ISTAT
said (Nov 2009 89.6).
–January current orders fell to -36 from -32 in
January, while the 3-month outlook for output rose to 0 from -3 in
January.
–Current inventory levels rose to +2 (Jan +1) –See
headlines on main wire.