Italian economy likely to slow in next few months

<p>Italian economy likely to slow in next few months – stats bureau</p><p><a href="https://piqsuite.com/reuters/italian-economy-likely-to-slow-in-next-few-months-stats-bureau" target="_blank" rel="nofollow">FULL STORY</a></p><p>The Italian economy is likely to slow further in the next few months after stagnating in the third quarter, national statistics bureau ISTAT said on Friday. </p><p>In its monthly economic bulletin ISTAT noted that consumer confidence fell for a fourth month running in October, while business morale also dropped in all sectors barring construction. </p><p>The data "suggests the Italian economy could slow down in coming months," ISTAT said.</p><p>*Italian gross domestic product was flat in the third quarter compared with the previous three months, a preliminary ISTAT estimate showed last week, following a 0.4% contraction between April and June.</p>

This article was written by Ryan Paisey at www.forexlive.com.