Italy’s manufacturing confidence index jumped to a five-month high of 102 in May of 2019 from an upwardly revised 100.8 in the previous month and easily beating market expectations of 100.4. Expectations improved regarding future production (5.9 from 3.6 in April) and order books (-11.3 from -11.7) while the assessments on inventories decreased to 3.6 from 4.3 in the prior month. Italy's composite business morale index, combining surveys of the manufacturing, retail, construction and services sectors, increased to 100.2 in May from an upwardly revised 98.8, its highest level since November of 2018. Business Confidence in Italy averaged 102.29 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 71.60 Index Points in March of 2009.

Business Confidence in Italy is expected to be 100.10 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 102.00 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
2019-02-27 09:00 AM Business Confidence 101.7 102.0 101.4 101.5
2019-03-27 09:00 AM Business Confidence 100.8 101.6 101.3 100
2019-04-19 08:00 AM Business Confidence 100.6 100.8 100.7 101.2
2019-05-29 08:00 AM Business Confidence 102.0 100.8 100.4 100.4
2019-06-27 08:00 AM Business Confidence 102.0 101.0 101.1
2019-07-26 08:00 AM Business Confidence
2019-08-28 08:00 AM Business Confidence


Italy Business Last Previous Highest Lowest Unit
Business Confidence 102.00 100.80 121.52 71.60 Index Points [+]
Manufacturing PMI 49.70 49.10 59.00 47.40 [+]
Services PMI 50.00 50.40 57.70 42.30 Index Points [+]
Industrial Production -1.50 -1.60 17.50 -26.00 percent [+]
Industrial Production Mom -0.70 -1.00 13.50 -14.80 percent [+]
Manufacturing Production -1.30 1.30 19.40 -26.90 percent [+]
Capacity Utilization 76.80 78.70 81.00 64.90 percent [+]
New Orders 102.00 118.60 140.30 4.16 Index Points [+]
Factory Orders -2.40 2.10 14.30 -12.30 percent [+]
Changes in Inventories -4480.00 -1660.10 5357.70 -4872.80 EUR Million [+]
Zew Economic Sentiment Index -43.10 -24.30 80.40 -61.60 [+]
Car Registrations 197307.00 174412.00 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 5.70 -1.50 47.20 -26.10 percent [+]
Steel Production 1950.00 2277.00 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 49.90 49.50 59.00 48.80 [+]
Bankruptcies 2823.00 3029.00 4543.00 955.00 Companies [+]
Ease of Doing Business 51.00 46.00 87.00 44.00 [+]
Electricity Production 22439.00 23645.00 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 June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
102.00 100.80 121.52 71.60 1991 - 2019 Index Points Monthly




Country Last Previous
Australia 7.00 May/19
Brazil 56.90 Jun/19
Canada 55.90 May/19
China 49.40 May/19
Euro Area 0.30 May/19
France 102.00 Jun/19
Germany 97.40 Jun/19
India 113.50 Jun/19
Indonesia 102.10 Mar/19
Italy 102.00 May/19
Japan 12.00 Mar/19
Mexico 52.40 May/19
Netherlands 4.70 May/19
Russia -1.00 May/19
Saudi Arabia 3.00 Jun/16
Singapore 1.00 Mar/19
South Africa 28.00 Jun/19
South Korea 76.00 May/19
Spain -3.30 May/19
Switzerland 94.40 May/19
Turkey 102.50 Jun/19
United Kingdom -13.00 Jun/19
United States 52.10 May/19


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