Italy: Business confidence falls in January
January 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, fell from a revised 105.6 in December (previously reported: 105.8) to 101.5 in January. The reading marked the lowest result in almost a year.
All of the four categories decreased compared to the previous month, with the services and retail sectors recording the most significant decreases.
Author: Eric Denis , Economist