ITALY DATA: March business confidence fell to 92.1 from 91.7 in
February, as a result of worsening order expectations, improving
sentiment on export-related orders and a decline in current inventory
levels. The index posted its highest levels since January 2012, ISTAT
said. –March current orders fell to -37 from -36 in February, while the
3-month outlook for output rose to +2 from +1 the previous month.
–Current inventory levels fell to +1 (February +2) –See headlines on
main wire.