Italy: Business confidence moderates in February
February 27, 2013
In February, the composite business confidence indicator (IESE, Istat Economic Sentiment Indicator) elaborated by Istat - which covers the manufacturing, construction, service and retail sectors - fell to 77.4 points from 80.0 points in January.
The deterioration in the overall index was led by weaker readings in the services and in the retail sectors. On the other hand, sentiment improved in manufacturing and construction.
Author: Armando Ciccarelli, Head of Data Solutions