Italy Business Confidence February 2016

Italy

Italy: Business confidence rises in February

February 28, 2016

The National Institute of Statistics (Istat) composite business confidence indicator (IESE, Istat Economic Sentiment Indicator), which covers the manufacturing, construction, service and retail sectors, rose from a revised 101.4 in January (previously reported: 101.5) to 103.1 in February.

Two of the four categories increased compared to the previous month. While construction rose to a three- month high, manufacturing recorded its lowest score in a year.

Panelists expect fixed investment to increase 0.8% in 2016, which is down 0.1 percentage points from last month’s forecast. For 2017, panelists see fixed investment growing 2.1%.


Author:, Economist

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Italy Business Confidence Chart


Italy Business Confidence February 2016

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


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