Skyline of Florence, Italy

Italy Business Confidence November 2019

Italy: Business sentiment virtually stable in November

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—rose to 99.1 in November from October’s 98.9.

November saw confidence in the market services and retail sectors broadly unchanged, while confidence in the manufacturing and construction sectors losing some ground. Confidence in the market services sector was unchanged, as better assessments of order books offset deteriorated assessment of the business trend. Additionally, sentiment in retail trade held broadly steady. On the flip side, confidence in the manufacturing sector dropped on weaker assessments of order books and expectations on production levels. Moreover, confidence in the construction sector lost some ground, on worsened assessments regarding current order books and employment.

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