Italy Business Confidence


Italy: Business confidence improves in September

September 29, 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, increased from a revised 103.9 in August (previously reported: 103.7) to 106.2 in September. The reading marked a multi-year high.

All four categories increased compared to the previous month. The construction index, in particular, marked the sharpest improvement, rising from 119.5 in August to 123.3 in September and reaching its highest value since July 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

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Italy Business Confidence Chart

Italy Business Confidence September 2015

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

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