Italy Business Confidence

Italy

Italy: Business confidence moderates in November

November 29, 2012

In November, the composite business confidence indicator (IESE, Istat Economic Sentiment Indicator) elaborated by Istat - which covers the manufacturing, construction, service and retail sectors - dropped to 76.4 points from a revised 77.1 points in October (previously reported: 76.6 points). The deterioration in the overall index was led by weaker readings in the construction and in the services sector. On the other hand, sentiment improved in manufacturing and retail, with both recording the strongest reading in the last five months.


Author:, Head of Data Solutions

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Italy Business Confidence Chart


Italy Business Confidence November 2012

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


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