The softening in Italy's confidence data extended from consumers to businesses in April, with intentions to raise prices set to grow over the next few months.
In March, consumers were the first to feel the hit of the consequences of war in the Middle East.
A flat second quarter is still possible, but the risk of a contraction is increasing.
The impact of the Middle East war and the stalemate in negotiations keeping the Strait of Hormuz almost closed to navigation is apparently spreading through the Italian economy, affecting
