Italy Business Confidence September 2016


Business confidence rebounds in September

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. In particular, the retail sector recorded its highest reading in five months.

Panelists expect fixed investment to increase 1.6% in 2016, which is unchanged from last month’s forecast. For 2017, panelists see fixed investment growing 1.3%.

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Italy Business Confidence Chart

Italy Business Confidence September 2016

Note: Value of monthly business confidence index.
Source: National Statistical Institute (Istat)

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