Italy Business Confidence April 2022

Italy

Italy: Business confidence rises in April

April 28, 2022

Business confidence came in at 105.5 in April, up from March's 105.3, pointing to improving sentiment among businesses.

April's reading was driven by more upbeat sentiment in the construction sector and the retail sales sector. In contrast, sentiment was roughly stable in the manufacturing sector and decreased in the services sector.

FocusEconomics Consensus Forecast panelists see fixed investment increasing 5.2% in 2022, which is down 0.6 percentage points from last month’s estimate. For 2023, the panel expects fixed investment to increase 3.9%.


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Italy Business Confidence April 2022 1

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


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