Italy, trust companies manufacturing in June to 103.9, above expectations – Istat – Reuters Italy

       

ROME, June 26 (Reuters) – Business confidence rises in June to 103.9 from 103.4 (revised from 103.5) in May , announced by Istat.

       

The median of estimates gathered by Reuters among analysts indicated a level at 103.8, with a range between 104.8 and 103.

       

The opinions on orders and production expectations remain stable (at -13 and 11, respectively). The balance of the opinions on inventories increases to 2 to 3.

       

The overall index on the business climate – manufacturing, services, trade and construction – rose to 104.3 from 101.8 in May, revised from 102.

        
       

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