Italy Business Confidence August 2022

Italy

Italy: Business confidence eases in August

August 26, 2022

Business confidence came in at 109.4 in August, down from July's 110.7.

August's reading was driven by more downbeat sentiment in the construction sector. In addition, confidence in the market services sector deteriorated.

FocusEconomics Consensus Forecast panelists see fixed investment increasing 8.3% in 2022, which is up 1.1 percentage points from last month’s estimate. For 2023, the panel expects fixed investment to increase 2.4%.


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Italy Business Confidence August 2022

Note: Value of monthly business confidence index.
Source: National Statistical Institute (Istat).


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