Skyline of Florence, Italy

Italy Business Confidence June 2019

Italy: Business sentiment sours in June

The National Institute of Statistics (Istat)’s composite business confidence indicator (Clima di Fiducia delle Imprese Italiane, IESE)—which covers the manufacturing, construction, market services and retail sectors—declined to 99.3 points in June from May’s 100.2 points, which had marked the best result in six months.

June’s reading came on the back of a broad-based deterioration in almost all the sectors covered by the index. Confidence in the construction sector declined notably on less favorable assessments of order books and construction plans, and of deteriorated employment expectations. Additionally, sentiment in the manufacturing sector dropped, dragged down by worse assessments of order books and production expectations. Moreover, confidence in the market services sector edged down slightly, as expectations on future order books and business trend got gloomier. On the other hand, confidence in the retail trade sector gained ground, benefiting from better assessments of current sales and expectations on future sales.

Italy Fixed Investment Forecast

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest