Italy's manufacturing confidence index fell to 104.4 in November 2018 from 104.9 in the previous month and slightly above market expectations of 104.1. This was the lowest reading since December 2016 mainly due to a decline in expectations for future production (9.0 vs 10.3 in October). In addition, there was a deterioration in both orders level (-7.2 vs -7.1) and inventories (3.9 vs 4.0). Italy's composite business morale index, combining surveys of the manufacturing, retail, construction and services sectors, dropped to 101.1 in November, also the lowest since December 2016, from a revised 102.5 in October. Business Confidence in Italy averaged 102.30 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
width
height
Forecast Data Chart
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.


Calendar GMT Actual Previous Consensus TEForecast
2018-08-28 08:00 AM Business Confidence 104.8 106.7 106.2 106.5
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 104.4 103.8 102.5
2019-01-25 09:00 AM Business Confidence
2019-02-27 09:00 AM Business Confidence


Italy Business Last Previous Highest Lowest Unit
Business Confidence 104.40 104.90 121.52 71.50 Index Points [+]
Manufacturing PMI 48.60 49.20 59.00 48.00 [+]
Services PMI 50.30 49.20 57.70 42.30 Index Points [+]
Industrial Production 1.00 1.40 17.50 -26.00 percent [+]
Industrial Production Mom 0.10 -0.10 13.50 -14.80 percent [+]
Manufacturing Production 1.20 1.00 19.40 -27.00 percent [+]
Capacity Utilization 77.90 78.00 81.00 64.90 percent [+]
New Orders 113.90 108.30 140.30 4.16 Index Points [+]
Factory Orders -0.30 -3.10 14.30 -12.30 percent [+]
Changes in Inventories 157.50 -500.50 5282.90 -4832.60 EUR Million [+]
Zew Economic Sentiment Index -51.90 -49.00 80.40 -61.60 [+]
Car Registrations 146991.00 146655.00 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 0.00 -11.20 47.40 -26.20 percent [+]
Steel Production 2299.00 2176.00 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 49.30 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 23936.00 24984.00 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
104.40 104.90 121.52 71.50 1991 - 2018 Index Points Monthly




Country Last Previous
Australia 3.00 Nov/18
Brazil 63.80 Dec/18
Canada 57.20 Nov/18
China 50.00 Nov/18
Euro Area 1.09 Nov/18
France 105.00 Nov/18
Germany 101.00 Dec/18
India 64.90 Jun/18
Indonesia 108.05 Sep/18
Italy 104.40 Nov/18
Japan 19.00 Dec/18
Mexico 49.90 Nov/18
Netherlands 7.20 Nov/18
Russia -6.00 Nov/18
Saudi Arabia 3.00 Jun/16
Singapore -1.00 Sep/18
South Africa 31.00 Dec/18
South Korea 73.00 Nov/18
Spain -0.20 Nov/18
Switzerland 99.10 Nov/18
Turkey 92.80 Nov/18
United Kingdom -16.00 Dec/18
United States 59.30 Nov/18


Related

Latest