In August, the manufacturing sentiment index published by ISTAT picked up to 99.9 points. The figure was up from the 98.8 points recorded in July and defied market analyst expectations, which saw sentiment declining further to 97.1 points. Following four consecutive months of drops in the index, which drove sentiment to the lowest level since July 2010, the August reading marked the first improvement. Nonetheless, the index still sits 0.2 points below the level observed in the same month last year. According to ISTAT, the improvement was driven by a rosier assessment of the current level of total orders, particularly domestic orders, and of production levels. However, all the prospective sub-components deteriorated compared to the previous month.
Italy Business Confidence
Business confidence picks up for first time in five months
August 30, 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.