Manufacturing confidence in Italy fell to 113 in September of 2021 from a downwardly revised 113.2 in August, beating the expectations of 112.6. Respondents’ assessment of manufacturing worsened for order books (6.2 vs 6.4 in August) and level of inventories (-1.1 vs -0.8), while expectations of future production also lowered (15.1 vs 15.6). Meanwhile, the composite business confidence index, combining surveys of manufacturing, retail, construction, and services, slipped to 113.8 from a downwardly revised 114. source: National Institute of Statistics (ISTAT)
Business Confidence in Italy averaged 102.02 points from 1991 until 2021, reaching an all time high of 121.52 points in February of 1995 and a record low of 71.40 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 September of 2021.
Business Confidence in Italy is expected to be 112.90 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 102.00 points in 2022 and 100.00 points in 2023, according to our econometric models.