Italy Business Confidence

Italy

Italy: Business confidence keeps climbing

February 27, 2014

In February, the National Institute for Statistics (Istat) composite business confidence indicator (IESE, Istat Economic Sentiment Indicator), which covers the manufacturing, construction, service and retail sectors, rose from the 86.8 points recorded in January to 87.9 points. Business sentiment has been improving over the course of the last four months and February's print marks the highest reading since October 2011.

The improvement was driven by stronger readings in all the sectors covered by the index, with the strongest improvements recorded by the manufacturing and retail sectors.

Panelists expect fixed investment to contract 0.8% in 2014, which is unchanged from last month's forecast. For 2015, panelists see fixed investment growing 1.9%.


Author:, Head of Data Solutions

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Italy Business Confidence Chart


Italy Business Confidence February 2014

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


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