According to Istat, in July 2011 the seasonally adjusted index of confidence in service companies falls, but rises in those of the retail trade. In particular, the index dropped from 100.9 to 94.3 for the former and increases from 99.5 to 103.3 for the second. As for Services both opinions and orders are significantly worse, as well as the expectations on the trend of the Italian economy. Opinions on employment and business worsen, while the expected return on the labor market improves and the balance of expectations on the dynamics of sale prices is negative. In trading the indicator rises in both the large distribution (from 96.0 to 102.3), and in the traditional retail (from 106.0 to 107.2). Assessments and expectations on sales improve and inventories are believed to decline.