Italy’s manufacturing confidence indicator rose to 88.4 in June 2026 from 87.9 in each of the previous two months. Assessments of production levels (-16.6 vs -16.7 in May) became slightly less pessimistic, while assessments of finished goods inventories weakened (1.3 vs 3.0) and order books deteriorated further (-19.7 vs -18.6). Looking ahead, manufacturers’ expectations for production (1.5 vs 0.7) improved, while employment expectations weakened further (-1.9 vs -0.8). Inflation expectations eased to 22.5 from 25.3 in May, reflecting moderating cost pressures. More broadly, overall business confidence picked up (95.2 vs 94.2), with confidence in construction (101.7 vs 99.4) and retail trade (105.5 vs 101.3) strengthening, while sentiment in market services edged higher (97.2 vs 96.8). source: National Institute of Statistics (ISTAT)

Business Confidence in Italy increased to 88.40 points in June from 87.90 points in May of 2026. Business Confidence in Italy averaged 90.84 points from 1991 until 2026, reaching an all time high of 107.34 points in February of 1995 and a record low of 63.30 points in March of 2009. This page provides the latest reported value for - Italy Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Italy Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on July of 2026.

Business Confidence in Italy increased to 88.40 points in June from 87.90 points in May of 2026. Business Confidence in Italy is expected to be 87.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Italy Business Confidence is projected to trend around 91.00 points in 2027 and 95.00 points in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-28 08:00 AM
Business Confidence
May 87.9 87.9 87.5 87.3
2026-06-26 09:00 AM
Business Confidence
Jun 88.4 87.9 88.4 87.4
2026-07-31 08:00 AM
Business Confidence
Jul 88.4


Related Last Previous Unit Reference
Business Confidence 88.40 87.90 points Jun 2026
Capacity Utilization 75.00 74.70 percent Jun 2026
Changes in Inventories -2037.40 4822.20 EUR Million Mar 2026
Industrial Production YoY 1.10 1.10 percent May 2026
Industrial Production MoM -0.30 0.40 percent May 2026
Manufacturing Production 1.07 1.81 percent May 2026
Industrial Sales YoY 0.30 1.80 percent Apr 2026
Mining Production -3.38 -1.08 percent May 2026


Italy Business Confidence
In Italy, the Manufacturing Confidence Index covers 4,000 Italian companies. The questionnaire focuses on the current trend of order books, production and inventories, short-term forecasts on order books, production, prices and the general economic situation. The business confidence index is adjusted for seasonal effects and fixed to a base year of 2005. The value 100 indicates no evolution in business sentiment, a value over 100 shows increasing confidence and a value under 100 indicates low expectations.
Actual Previous Highest Lowest Dates Unit Frequency
88.40 87.90 107.34 63.30 1991 - 2026 points Monthly
2021=100, SA

News Stream
Italy Manufacturing Confidence Improves in June
Italy’s manufacturing confidence indicator rose to 88.4 in June 2026 from 87.9 in each of the previous two months. Assessments of production levels (-16.6 vs -16.7 in May) became slightly less pessimistic, while assessments of finished goods inventories weakened (1.3 vs 3.0) and order books deteriorated further (-19.7 vs -18.6). Looking ahead, manufacturers’ expectations for production (1.5 vs 0.7) improved, while employment expectations weakened further (-1.9 vs -0.8). Inflation expectations eased to 22.5 from 25.3 in May, reflecting moderating cost pressures. More broadly, overall business confidence picked up (95.2 vs 94.2), with confidence in construction (101.7 vs 99.4) and retail trade (105.5 vs 101.3) strengthening, while sentiment in market services edged higher (97.2 vs 96.8).
2026-06-26
Italy Business Confidence Unchanged in May
Italy's manufacturing confidence indicator remained unchanged at 87.9 in May 2026, slightly above expecations of 87.5. Sentiment improved regarding total order assessments (-18.4 vs -19.4) and production levels (-16.5 vs -16.7). Meanwhile, expectations for price growth increased (25.4 vs 25.0), reflecting ongoing energy price pressures. Also, expectations weakened for both production (0.5 vs 0.6) and employment (-0.8 vs 0.0). On a broader level, overall business confidence declined to 94.1 from 95.1 in the previous month, marking the lowest level since September last year. Confidence deteriorated in the construction sector (99.4 vs 100.8) and market services (96.8 vs 98.9), while retail trade sentiment improved slightly to 101.0 from 100.8.
2026-05-28
Italy Manufacturing Confidence Falls to 7-Month Low
Italy’s manufacturing confidence indicator fell to 87.9 in April 2026 from a downwardly revised 88.7 in the previous month, slightly below market expectations of 88. This marked the weakest reading since September 2025, weighed down by uncertainty over persistent tensions in the Middle East. Both assessments of total order books (-19.4 vs -17.8 in March) and expectations for production levels (0.7 vs 1.4) deteriorated. Price growth expectations also worsened amid high energy prices (24.9 vs 12.9). Meanwhile, employment prospects remained stable (0 vs -0.9). On a broader level, overall business confidence weakened (95.2 vs 97.3), with sentiment in construction (100.9 vs 103.6) and market services (99.1 vs 102.6) also declining. In contrast, retail trade confidence improved slightly (100.8 vs 100.5).
2026-04-29