Italy’s manufacturing confidence index decreased to 98.8 in September 2019 from a revised 99.6 in the previous month and below market expectations of 100.0. That was the fourth consecutive decline in morale and the lowest reading since October 2014, due to a deterioration in orders level (-17.8 vs -16.7 in August) and output outlook (3.7 vs 4.9). Stocks of inventories were unchanged (at 4.1). The composite business morale index, combining surveys of the manufacturing, retail, construction and services sectors, declined to 98.5 from 98.8 in August to register its lowest level since February this year. Business Confidence in Italy averaged 102.27 Index Points from 1991 until 2019, reaching an all time high of 121.52 Index Points in February of 1995 and a record low of 71.50 Index Points in March of 2009.

Business Confidence in Italy is expected to be 99.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Italy to stand at 102.50 in 12 months time. In the long-term, the Italy Business Confidence is projected to trend around 104.00 Index Points in 2020, according to our econometric models.

Italy Business Confidence
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Calendar GMT Actual Previous Consensus TEForecast
2019-06-27 08:00 AM Business Confidence Jun 100.8 101.9 101.0 101.1
2019-07-26 08:00 AM Business Confidence Jul 100.1 100.7 100.6 100.2
2019-08-28 08:00 AM Business Confidence Aug 99.7 100.1 99.8 98
2019-09-27 08:00 AM Business Confidence Sep 98.8 99.6 100 99
2019-10-30 09:00 AM Business Confidence Oct 98.8 99.1
2019-11-27 09:00 AM Business Confidence Nov
2019-12-20 09:00 AM Business Confidence Dec 101


Italy Business Last Previous Highest Lowest Unit
Business Confidence 98.80 99.60 121.52 71.50 Index Points [+]
Manufacturing PMI 47.80 48.70 59.00 47.40 [+]
Services PMI 51.40 50.60 57.70 42.30 Index Points [+]
Industrial Production -1.80 -0.70 17.50 -25.90 percent [+]
Industrial Production Mom 0.30 -0.80 13.50 -14.80 percent [+]
Manufacturing Production -1.30 -1.80 19.40 -27.00 percent [+]
Capacity Utilization 77.20 76.80 81.00 64.90 percent [+]
New Orders 67.30 118.10 140.30 4.16 Index Points [+]
Factory Orders 1.10 -2.80 14.30 -12.30 percent [+]
Changes in Inventories -5786.60 -4427.20 5357.70 -5786.60 EUR Million [+]
Zew Economic Sentiment Index -25.60 -22.60 80.40 -61.60 [+]
Car Registrations 142136.00 88939.00 310337.00 53296.00 [+]
Internet Speed 9210.65 8669.14 9210.65 2453.86 KBps [+]
IP Addresses 13315518.00 13117319.00 18750460.00 5491532.00 IP [+]
Manufacturing Sales -0.30 -0.50 7.60 -6.60 percent [+]
Mining Production 0.30 -5.90 47.40 -26.20 percent [+]
Steel Production 857.00 2130.00 3033.00 750.00 Thousand Tonnes [+]
Competitiveness Index 71.53 70.77 71.53 4.30 Points [+]
Competitiveness Rank 30.00 31.00 49.00 30.00 [+]
Composite Pmi 50.60 50.30 59.00 48.80 [+]
Bankruptcies 2844.00 2823.00 4543.00 955.00 Companies [+]
Ease of Doing Business 51.00 46.00 87.00 44.00 [+]
Electricity Production 25294.00 28964.00 29587.00 21113.00 Gigawatt-hour [+]
Corruption Index 52.00 50.00 55.00 29.90 Points [+]
Corruption Rank 53.00 54.00 72.00 29.00 [+]


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. 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 - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
98.80 99.60 121.52 71.50 1991 - 2019 Index Points Monthly




Country Last Previous
Australia 0.00 Sep/19
Brazil 59.30 Oct/19
Canada 48.70 Sep/19
China 49.80 Sep/19
Euro Area -0.22 Sep/19
France 102.00 Sep/19
Germany 94.60 Sep/19
India 112.80 Sep/19
Indonesia 108.81 Jun/19
Italy 98.80 Sep/19
Japan 5.00 Sep/19
Mexico 50.30 Sep/19
Netherlands 3.30 Sep/19
Russia -2.00 Sep/19
Saudi Arabia 3.00 Jun/16
Singapore -11.00 Jun/19
South Africa 21.00 Sep/19
South Korea 71.00 Sep/19
Spain -5.30 Sep/19
Switzerland 93.20 Sep/19
Turkey 98.80 Sep/19
United Kingdom -32.00 Sep/19
United States 47.80 Sep/19


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