Italy Business Confidence

Country:
Italy
EUR, Euro
Sector:
Business
Low 71.2 87.4
89.5
Last release Importance Actual Forecast
Previous
39.6
71.2
Next release Actual Forecast
Previous
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The Business Confidence economic indicator reflects the general state of the economy as it relates to business doing conditions in Italy. It can be useful in analyzing the economic situation in the short term.

The index is calculated based on a sample of 4,000 manufacturing, construction, retail trade and services companies. The survey targets companies with 5 or more employees for the manufacturing sector and those with 3 or more employees for the construction and service sector. Data is collected monthly, in the first half of the reference month.

A tendency of this economic indicator to increase may indicate an increase in business investments and therefore that can lead to higher levels of production.

As for trading interpretation, higher than expected data should be interpreted as positive (bullish) for the EUR, while lower than expected values should be interpreted as negative (bearish) for the EUR.

Last values:

actual data

forecast

The chart of the entire available history of the "Italy Business Confidence" macroeconomic indicator. The dashed line shows the forecast values ​​of the economic indicator for the specified dates.

A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values ​​of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.

Date (GMT)
Reference
Actual
Forecast
Previous
May 2020
71.2
87.4
89.5
Mar 2020
89.5
101
98.8
Feb 2020
100.6
99.7
100
Jan 2020
99.9
99.5
99.3
Dec 2019
99.1
99.4
99
Nov 2019
98.9
100
99.5
Oct 2019
99.6
98.6
99
Sep 2019
98.8
98.7
99.6
Aug 2019
99.7
100.3
100.1
Jul 2019
100.1
103.4
100.7
Jun 2019
100.8
100.4
101.9
May 2019
102
101.4
100.8
Apr 2019
100.6
102
100.8
Mar 2019
100.8
102
101.6
Feb 2019
101.7
103
102
Jan 2019
102.1
103.7
103.4
Dec 2018
103.6
104.9
104.3
Nov 2018
104.4
104.9
Oct 2018
104.9
105.6
Sep 2018
105.7
105
Aug 2018
104.8
106.7
Jul 2018
106.9
106.9
Jun 2018
106.9
107.6
May 2018
107.7
107.7
Apr 2018
107.7
108.9
Mar 2018
109.1
110.4
Feb 2018
110.6
109.9
Jan 2018
109.9
110.3
Dec 2017
110.5
110.7
Nov 2017
110.8
110.9
Oct 2017
111
110.5
Sep 2017
110.4
108.5
Aug 2017
108.1
107.8
Jul 2017
107.7
107.3
Jun 2017
107.3
106.9
May 2017
106.9
107.7
Apr 2017
107.9
107.2
Mar 2017
107.1
106.4
Feb 2017
106.3
105
Jan 2017
104.8
103.5
Dec 2016
103.5
102.2
Nov 2016
102
102.9
Oct 2016
103
102.1
Sep 2016
101.9
101.1
Aug 2016
101.1
102.9
Jul 2016
103.1
102.9
Jun 2016
102.8
102.1
May 2016
102.1
102.7
Apr 2016
102.7
102.2
Mar 2016
102.2
102

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The Calendar data are provided as is. The economic news release frequency and schedule, as well as the economic parameters' values may change without our knowledge. You can use the provided information, but you accept all the risks associated with making trade decisions based on the Calendar data.

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