India, July 31 -- Confidence among Italian households remained less pessimistic in July, and business confidence also showed some resilience, survey results from the statistical office Istat showed on Friday.
Consumer sentiment rose to a 5-month high of 94.2 in July from 92.4 in the previous month. The expected reading was 92.5. Nonetheless, a score below 100 indicates a pessimistic outlook.
Among components, both the economic and future sentiment improved from 87.6 to 90.9 and from 87.4 to 89.8, respectively. Similarly, the personal climate index improved to 95.4 from 94.2, and the current conditions index increased to 96.2 from 98.0.
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