Italy Business Confidence

Italy

Italy: Business confidence inches up in March

March 28, 2013

In March, the composite business confidence indicator (IESE, Istat Economic Sentiment Indicator) elaborated by Istat - which covers the manufacturing, construction, service and retail sectors - inched up to 78.0 points from the 77.6 points seen in February.

The improvement in the overall index was led by a stronger reading in manufacturing, whereas all the other sectors deteriorated compared to the previous month.

Panellists expect fixed investment to contract 2.7% in 2013, which is up 0.1 percentage points from last month's forecast. For 2014, panellists see fixed investment growing 0.7%.


Author:, Head of Data Solutions

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Italy Business Confidence Chart


Italy Business Confidence March 2013

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


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