In October, the ISTAT manufacturing sentiment index edged down to 94.0 points. The figure was down from the 94.5 points reported in September but was slightly above market analyst expectations, which had sentiment declining to 93.8 points. The reading was in line with the deteriorating trend witnessed since April this year, which had been momentarily interrupted in August. The October drop saw business confidence fall to its lowest level since January 2010. According to ISTAT, the deterioration was driven by a worse assessment of the current level of total orders, in particular export orders, and of production levels. In addition, most of the prospective components deteriorated compared to the previous month, with the sub-index related to expectations on the general economy dropping to its lowest level since June 2009.
Italy Business Confidence
Business confidence edges down in October
October 26, 2011
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Italy Economic News
October 14, 2016
According to revised data released by the Italian Statistical Institute (ISTAT), consumer prices fell 0.2% from the previous month in September.
October 10, 2016
In August, industrial output increased 1.7% from the previous month, accelerating from July’s revised 0.7% increase (previously reported: +0.4% month-on-month).
October 3, 2016
The IHS Markit manufacturing Purchasing Managers’ Index (PMI) rose from 49.8 in August to 51.0 in September, taking it above the 50-threshold that separates expansion from contraction in the manufacturing sector. September’s result mainly reflected a return to growth in new orders, which, in the previous month, had dropped slightly for the first time in over one-and-a-half years.
September 30, 2016
According to provisional data released by the Italian Statistical Institute (ISTAT), consumer prices fell 0.2% over the previous month in September, contrasting August’s 0.2% increase and marking the lowest result in seven months.
September 28, 2016
The National Institute of Statistics’ (Istat) composite business confidence indicator (IESE, Istat Economic Sentiment Indicator), which covers the manufacturing, construction, service and retail sectors, increased from a revised 99.5 in August (previously reported: 99.4) to 101.0 in September. All four categories of the indicator improved compared to August.