Italy Business Confidence August 2021

Italy

Italy: Business confidence moderates in August

August 27, 2021

Business confidence fell to 114.2 in August from July's 115.9. As a result, the index remained above the 100-threshold, separating optimism from pessimism among businesses.

The headline print reflected a deterioration in firms' views of confidence in the construction sector and of confidence in the manufacturing sector.

FocusEconomics Consensus Forecast panelists see fixed investment increasing 12.4% in 2021, which is up 2.0 percentage points from last month’s estimate. For 2022, the panel expects fixed investment to expand 5.4%.


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Italy Business Confidence August 2021

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


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