The Bank of Italy said Tuesday that its latest survey on sentiment among firms with over 50 employees showed that Italian businesses were less pessimistic than they had been about their prospects in the second quarter of 2025.
It said that Italian businesses' assessments of the general economic situation "remained unfavourable on the whole", while adding that difference between the number of firms that were negative and those that saw things improving "was significantly reduced." The central bank added that "32% of manufacturing firms and 12% of service firms reported negative impacts attributable to the U.S.
announcements and implementation of tariffs."
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