Italy Business Confidence December 2021

Italy

Italy: Business confidence falls to six-month low in December

December 23, 2021

Business confidence fell to 113.1 in December from November's 114.8. December's result marked the weakest sentiment since June.

December's fall was driven by a weakening in sentiment in the market services. Meanwhile, confidence in the retail sales picked up.

FocusEconomics Consensus Forecast panelists see fixed investment increasing 5.9% in 2022, which is down 0.2 percentage points from last month’s estimate. For 2023, the panel expects fixed investment to expand 3.6%.


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Italy Business Confidence December 2021

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


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