In January, the manufacturing sentiment index published by ISTAT rose to 103.6 points. The figure was a slight improvement compared to the 103.1 points recorded in December and confirmed the upward trend in business sentiment in place since March 2009. The result came in broadly in line with market expectations that business sentiment would rise to 103.5 points, and marked the strongest result since March 2008, thus confirming the notion that business confidence has returned to pre-crisis levels. According to ISTAT, opinions about the current business conditions remained broadly unchanged compared to the previous month, even though export orders and production levels improved. Business confidence was in particular driven upwards by improving expectations for new orders and for production levels, as businesses see an incipient recovery in the first part of the year. Accordingly, expectations on the general economy improved as well and are now at their highest levels since August last year.
Italy Business Confidence
Business confidence reaches highest level in almost three years
January 31, 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.