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Growth of Italy’s service sector held steady during April
Growth of Italy’s service sector held steady during April, whilst new business rose at a stronger rate and jobs continued to be created. However, worries over growing competition and a slowdown in demand growth relative to earlier in the year meant optimism over the future weakened. Meanwhile, on the price front, input costs rose to a stronger degree but charges continued to decline marginally. The headline index from the report, the seasonally adjusted Business Activity Index – which is based on a single question asking respondents to report on the actual change in business activity at their companies compared ... (full story)