Italy: Economic sentiment increases in August
Latest reading: Economic sentiment increased to 100.5 in August, following July’s 99.7. The latest reading was above the long-term average of 100, pointing to a positive near-term outlook for the economy.
In August, sentiment improved in the industrial sector (-4.8 vs -5.4 in July), the construction sector (+2.6 vs -2.1 in July), the services sector (+7.3 vs +5.8 in July) and the retail sector (+12.5 vs +12.4 in July). However, sentiment darkened in among consumers (-20.3 vs -20.2 in July).