Italy business and consumer morale plunge in March as coronavirus impact bites
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ROME, (Reuters) - Morale among Italian businesses and consumers plummeted in March, data showed on Friday, hit by a coronavirus outbreak that has decimated activity in the euro zone's third largest economy.The first piece of significant economic data issued by statistics institute ISTAT since the outbreak emerged on Feb. 21 showed its manufacturing confidence index sank to 89.5 in March from 98.8 in February.That was slightly below a median forecast of 90.0 in a Reuters survey of eight..