Italy Business Confidence

Italy

Italy: Business confidence deteriorates further in August

August 30, 2012

In August, the composite business confidence indicator (IESE, Istat Economic Sentiment Indicator) elaborated by Istat - which covers the manufacturing, construction, service and retail sectors - dropped to 78.5 points from 82.0 points in July (previously reported: 81.8 points), marking the fourth drop in the last five months. The drop in the overall index was broad-based, as sentiment deteriorated in three out of the four main sectors. The only exception was manufacturing, where confidence improved slightly compared to July.


Author:, Head of Data Solutions

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Italy Business Confidence Chart


Italy Business Confidence August 2012

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


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