Italy Business Confidence September 2021

Italy

Italy: Business confidence deteriorates in September

September 24, 2021

Business confidence came in at 113.8 in September, down from August's 114.0. As a result, the index the, separating optimism from pessimism among businesses.

September's reading was driven by a deterioration in sentiment in the retail sales. In contrast, sentiment in the construction sector improved.

FocusEconomics Consensus Forecast panelists see fixed investment increasing 13.4% in 2021, which is up 0.4 percentage points from last month’s estimate. For 2022, the panel expects fixed investment to expand 5.6%.


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Italy Business Confidence September 2021 0

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


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