Italy Business Confidence

Italy

Italy: Business confidence gains traction in June

June 26, 2015

The National Institute of Statistics (Istat) composite business confidence indicator (IESE, Istat Economic Sentiment Indicator), which covers the manufacturing, construction, service and retail sectors, picked up from a revised 101.8 in May (previously reported: 102.0) to 104.3 in June. This represents the highest level in the series, which reaches back to March 2012.

All categories improved compared to the previous month. The construction index, in particular, marked the sharpest increase, rising from 111.8 in May to 119.7 in May and reaching the highest level since September 2008.

Panelists expect fixed investment to increase 0.1% in 2015, which is unchanged from last month’s forecast. For 2016, panelists see fixed investment growing 2.0%.


Author:, Economist

Sample Report

Looking for forecasts related to Business Confidence in Italy? Download a sample report now.

Download

Italy Business Confidence Chart


Italy Business Confidence June 2015

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


Italy Economic News

More news

Search form