For Italy, “a slowdown in economic activity is emerging in the final months of the year”. Istat writes it in the monthly note on the Italian economy, whose "cyclical evolution will remain weak". According to Istat, "the stagnant trend of industrial activity was affected by the weakness of the internal conditions of demand", depressed by the intensity of the fall in gross fixed investments and by the slowdown in exports.
Although business confidence showed an improvement in October, mainly in market services and construction, the indications from the manufacturing sector and the leading composite indicator - Istat continues - signal a continuation of the weak phase of the economy . In the presence of a stabilization of conditions on the labor market, private consumption will continue to show a moderately positive trend.
