Italy: Business confidence decreases slightly in November
November 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, dropped from a revised 101.7 in October (previously reported: 102.4) to 101.4 in November.
Three out of the four categories of the indicator deteriorated compared to October: manufacturing, services and construction. Only the retail sector improved to an 11-month high from October.