Rome

Italian business sentiment gloomier

Confidence down in 57.5% of firms

Italian business sentiment gloomier

Rome, January 14 - Business confidence is sagging in recession-hit Italy, the Bank of Italy said Monday. The number of firms reporting an improvement at the end of 2012 was 3.8%, half that in September, the central bank said. Some 57.5% said sentiment was down compared to 50.6% in September.

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