Manufacturing confidence in Italy rebounded to 110 in June of 2022 from an upwardly revised 109.4 in the prior month and well above market forecasts of 108.5. The result halted six consecutive declines in manufacturing confidence, amid improved expectations of order book levels (5.9 vs 5.2 in May), production (8.1 vs 7.2), and employment. In the meantime, current assessments of stock inventories also improved (1.7 vs 0.4). source: National Institute of Statistics (ISTAT)
Business Confidence in Italy averaged 102.26 points from 1991 until 2022, reaching an all time high of 121.52 points in February of 1995 and a record low of 71.30 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 June of 2022.
Business Confidence in Italy is expected to be 108.70 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 103.00 points in 2023 and 101.00 points in 2024, according to our econometric models.