Foreign companies, higher confidence in services. Uncertainty weighs.
Il primo Barometro di Confindustria ha rilevato ad agosto le aspettative delle società residenti a controllo internazionale in tre settori
A survey by Confindustria's Barometro Imprese Estere has found that large foreign companies operating in Italy are optimistic about their prospects in the tertiary sector, driven by foreign orders, despite excessive inventories. However, they are more cautious about the second half of the year for the commerce sector and expect weak employment growth.
The survey, which covers companies with 250-1,200 employees, found that they employ 1.3 million people, generate €518 billion in revenue, and produce €121 billion in value added. The companies reported a positive outlook for investments, but weak employment expectations, with the services sector showing the most expansionary trend.
Written by urgent.news from Il Sole 24 Ore's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
