Italy's manufacturing confidence index fell to 103.6 in December of 2018 from a downwardly revised 104.3 in the previous month and below market expectations of 103.8. It was the lowest reading since November 2016, mainly due to a deterioration in orders level (-9.7 from -7.6 in November). On the other hand, improvements were seen in inventories (4.5 from 3.9) and output (9.8 from 9.1). Italy's composite business morale index, combining surveys of the manufacturing, retail, construction and services sectors, dropped to 99.8 in December from a downwardly revised 101.0 in November, the lowest since December of 2016. Business Confidence in Italy averaged 102.31 Index Points from 1991 until 2018, 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 102.50 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 106.00 in 12 months time. In the long-term, the Italy Business Confidence is projected to trend around 106.00 Index Points in 2020, according to our econometric models.

Italy Business Confidence
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-27 08:00 AM Business Confidence 105.7 105 104.5 104.7
2018-10-30 10:00 AM Business Confidence 104.9 105.6 104.8 107.9
2018-11-27 09:00 AM Business Confidence 104.4 104.9 104.1 103.4
2018-12-21 09:00 AM Business Confidence 103.6 104.3 103.8 102.5
2019-01-30 09:00 AM Business Confidence 103.6
2019-02-27 09:00 AM Business Confidence
2019-03-27 09:00 AM Business Confidence 104


Italy Business Last Previous Highest Lowest Unit
Business Confidence 103.60 104.30 121.52 71.50 Index Points [+]
Manufacturing PMI 49.20 48.60 59.00 48.00 [+]
Services PMI 50.50 50.30 57.70 42.30 Index Points [+]
Industrial Production -2.60 1.00 17.50 -26.00 percent [+]
Industrial Production Mom -1.60 -0.10 13.50 -14.80 percent [+]
Manufacturing Production -2.40 1.30 19.40 -26.90 percent [+]
Capacity Utilization 77.90 78.00 81.00 64.90 percent [+]
New Orders 108.90 113.70 140.30 4.16 Index Points [+]
Factory Orders -0.20 -0.50 14.30 -12.30 percent [+]
Changes in Inventories 1089.30 157.50 5282.90 -4832.60 EUR Million [+]
Zew Economic Sentiment Index -51.90 -49.00 80.40 -61.60 [+]
Car Registrations 124078.00 146991.00 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 [+]
Mining Production -9.70 -0.10 47.40 -26.20 percent [+]
Steel Production 2186.00 2299.00 3033.00 750.00 Thousand Tonnes [+]
Competitiveness Index 70.77 70.46 70.77 4.30 Points [+]
Competitiveness Rank 31.00 31.00 49.00 31.00 [+]
Composite Pmi 50.00 49.30 59.00 48.80 [+]
Bankruptcies 2949.00 3015.00 4543.00 955.00 Companies [+]
Ease of Doing Business 51.00 46.00 87.00 44.00 [+]
Electricity Production 24827.00 23936.00 29587.00 21113.00 Gigawatt-hour [+]
Corruption Index 50.00 47.00 55.00 29.90 Points [+]
Corruption Rank 54.00 60.00 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 January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
103.60 104.30 121.52 71.50 1991 - 2018 Index Points Monthly




Country Last Previous
Australia 3.00 Nov/18
Brazil 63.80 Dec/18
Canada 59.70 Dec/18
China 49.40 Dec/18
Euro Area 0.82 Dec/18
France 104.00 Dec/18
Germany 101.00 Dec/18
India 64.90 Jun/18
Indonesia 108.05 Sep/18
Italy 103.60 Dec/18
Japan 19.00 Dec/18
Mexico 49.20 Dec/18
Netherlands 7.50 Dec/18
Russia -8.00 Dec/18
Saudi Arabia 3.00 Jun/16
Singapore -1.00 Sep/18
South Africa 31.00 Dec/18
South Korea 71.00 Dec/18
Spain -2.70 Dec/18
Switzerland 96.30 Dec/18
Turkey 91.50 Dec/18
United Kingdom -16.00 Dec/18
United States 54.10 Dec/18


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