Manufacturing confidence in Italy slumped to 106.7 in July of 2022 from a downwardly revised 109.5 in the prior month, missing market expectations of 108. The figure marked the lowest level of manufacturing confidence since March 2021, pressured by the Italian government's collapse, the energy crisis, and higher interest rates by the ECB. Expectations declined for new orders (3 vs 5.5 in June), production (5.4 vs 7.7), and employment (6.9 vs 7.8). On top of that, current sentiment deteriorated regarding orders (-0.3 vs 6.3) and production (0 vs 3.1). source: National Institute of Statistics (ISTAT)

Business Confidence in Italy averaged 102.27 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 August of 2022.

Business Confidence in Italy is expected to be 105.00 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 103.00 points in 2023 and 101.00 points in 2024, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Italy Business Confidence



Calendar GMT Actual Previous Consensus TEForecast
2022-06-24 08:00 AM Jun 110 109.4 108.5 108.7
2022-07-27 08:00 AM Jul 106.7 109.5 108 107.1
2022-08-26 08:00 AM Aug 106.7 105.3


Related Last Previous Unit Reference
Business Confidence 106.70 109.50 points Jul 2022
Industrial Production Mom -2.10 -1.10 percent Jun 2022
Industrial Production -1.20 3.40 percent Jun 2022
Manufacturing Production -1.35 3.80 percent Jun 2022
Capacity Utilization 78.60 78.60 percent Jun 2022
Factory Orders 1.70 -1.40 percent Dec 2020
New Orders 123.00 109.70 points Dec 2020
Changes in Inventories 2312.60 -1281.90 EUR Million Dec 2021
Mining Production -3.43 8.60 percent Jun 2022
Manufacturing Sales 1.40 2.70 percent May 2022

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
106.70 109.50 121.52 71.30 1991 - 2022 points Monthly

News Stream
Italian Business Morale at 16-Month Low
Manufacturing confidence in Italy slumped to 106.7 in July of 2022 from a downwardly revised 109.5 in the prior month, missing market expectations of 108. The figure marked the lowest level of manufacturing confidence since March 2021, pressured by the Italian government's collapse, the energy crisis, and higher interest rates by the ECB. Expectations declined for new orders (3 vs 5.5 in June), production (5.4 vs 7.7), and employment (6.9 vs 7.8). On top of that, current sentiment deteriorated regarding orders (-0.3 vs 6.3) and production (0 vs 3.1).
2022-07-27
Italian Business Morale Rebounds in June
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).
2022-06-24
Italy Business Confidence Falls for 6th Month
Manufacturing confidence in Italy dropped to 109.3 in May of 2022, the lowest since April of 2021, compared to 109.9 in April and forecasts of 109. It marked the sixth consecutive month of falls in business confidence, as surging prices and uncertainty in the wake of the invasion of Ukraine weigh. Manufacturers gave a less favourable assessment of order books (5 to 5.7) and evaluated inventories to have risen (0.3 from -0.8) while expectations for future production were little changed (7 from 6.9).
2022-05-26