Italy's manufacturing confidence index decreased to 102.1 in January 2019 from a downwardly revised 103.4 in the previous month and below market expectations of 103. It was the weakest reading since September 2016, mainly due to a deterioration in orders level (-10.5 from -9.8 in December) and output expectations (6.8 from 9.4). On the other hand, confidence regarding inventories improved (5.1 from 4.6). Italy's composite business morale index, combining surveys of the manufacturing, retail, construction and services sectors, declined to 99.2 in January from a downwardly revised 99.7 in the prior month, recording its lowest level since August 2016. Business Confidence in Italy averaged 102.30 Index Points from 1991 until 2019, 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 100.00 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 101.00 in 12 months time. In the long-term, the Italy Business Confidence is projected to trend around 104.00 Index Points in 2020, according to our econometric models.

Italy Business Confidence
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Calendar GMT Actual Previous Consensus TEForecast
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 102.1 103.4 103 102.8
2019-02-27 09:00 AM Business Confidence 102.1 101.5
2019-03-27 09:00 AM Business Confidence 100
2019-04-19 08:00 AM Business Confidence


Italy Business Last Previous Highest Lowest Unit
Business Confidence 102.10 103.40 121.52 71.50 Index Points [+]
Manufacturing PMI 47.80 49.20 59.00 47.80 [+]
Services PMI 49.70 50.50 57.70 42.30 Index Points [+]
Industrial Production -5.50 -2.60 17.50 -26.00 percent [+]
Industrial Production Mom -0.80 -1.70 13.50 -14.80 percent [+]
Manufacturing Production -5.50 -2.50 19.40 -26.90 percent [+]
Capacity Utilization 78.70 77.90 81.00 64.90 percent [+]
New Orders 107.50 108.70 140.30 4.16 Index Points [+]
Factory Orders -1.80 -0.40 14.30 -12.30 percent [+]
Changes in Inventories 1089.30 157.50 5282.90 -4832.60 EUR Million [+]
Zew Economic Sentiment Index -35.40 -51.90 80.40 -61.60 [+]
Car Registrations 164864.00 124078.00 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 -2.80 -5.70 47.40 -26.20 percent [+]
Steel Production 1655.00 2186.00 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 48.80 50.00 59.00 48.80 [+]
Bankruptcies 2170.00 2949.00 4543.00 955.00 Companies [+]
Ease of Doing Business 51.00 46.00 87.00 44.00 [+]
Electricity Production 24063.00 24827.00 29587.00 21113.00 Gigawatt-hour [+]
Corruption Index 52.00 50.00 55.00 29.90 Points [+]
Corruption Rank 53.00 54.00 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 February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
102.10 103.40 121.52 71.50 1991 - 2019 Index Points Monthly




Country Last Previous
Australia 4.00 Jan/19
Brazil 64.50 Feb/19
Canada 54.70 Jan/19
China 49.50 Jan/19
Euro Area 0.69 Jan/19
France 103.00 Feb/19
Germany 99.10 Jan/19
India 116.20 Mar/19
Indonesia 104.71 Dec/18
Italy 102.10 Jan/19
Japan 19.00 Dec/18
Mexico 50.80 Jan/19
Netherlands 5.80 Jan/19
Russia -2.00 Jan/19
Saudi Arabia 3.00 Jun/16
Singapore -14.00 Dec/18
South Africa 31.00 Dec/18
South Korea 67.00 Jan/19
Spain -4.10 Jan/19
Switzerland 95.00 Jan/19
Turkey 93.00 Jan/19
United Kingdom -23.00 Mar/19
United States 56.60 Jan/19


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