According to Istat, in October 2011, the seasonally adjusted index of business confidence rises in services, but falls in those of the retail trade. In particular, the index increased from 82.6 to 87.3 for the former and decreases from 94.0 to 92.3 for the second. As for services, improve expectations on the Italian economic trend and judgments about orders, while expectations about the level of orders worsen. Judgements on employment and business trends improve and expectations on the labor market recover. The balance on the dynamics of the expected sales prices improves. In the trade, indicator falls in both the retail (from 93.0 to 89.8), and traditional (from 97.4 to 96.1) distribution. On the whole, judgments and expectations worsen and inventories are expected to on decline.