Italy Business Confidence November 2021

Italy

Italy: Business confidence picks up in November

November 26, 2021

Business confidence came in at 115.1 in November, slightly up from October's 115.0. As such, the index rose, indicating better sentiment among businesses.

November's reading was driven by improved sentiment in the retail trade sector. In contrast, sentiment in the construction and market services sectors ebbed.

FocusEconomics Consensus Forecast panelists see fixed investment increasing 6.1% in 2022, which is up 0.5 percentage points from last month’s estimate. For 2023, the panel expects fixed investment to expand 3.6%.


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Italy Business Confidence Chart


Italy Business Confidence November 2021 0

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


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