Italy - Business Confidence

Italy: Business Confidence

Mnemonic CIB.IITA
Unit Index 2010=100, SA
Adjustments Seasonally Adjusted
Monthly 1.76 %
Data Jan 2023 104.2
Dec 2022 102.4

Series Information

Source Italian National Institute of Statistics (ISTAT)
Release Construction, Trade and Services Enterprises Confidence
Frequency Monthly
Start Date 3/31/2005
End Date 1/31/2023

Italy: Business

Reference Last Previous Units Frequency
Capacity Utilization 2023 Q1 77.8 77.9 %, SA Quarterly
Business Confidence Jan 2023 104.2 102.4 Index 2010=100, SA Monthly
Industrial Production Nov 2022 103.3 103.6 Index 2015=100, SA Monthly
Change in Inventories 2022 Q3 4,891 2,024 Mil. EUR, CDASA Quarterly

Release Information

The Italian National Institute of Statistics (ISTAT) reports monthly business confidence indexes (BCI) for construction, market services, and retail trade sectors.


  • Measurements:
    • Fixed-base index relative to 2010 (Index 2010=100)
    • Balance of opinion (Bal. of Op.)
  • Adjustment: Seasonally adjusted (SA)
  • Native frequency: Monthly
  • Start date: As early as 2000m1


  • 2005=100 - 2000m1 to 205m2
  • 1980=100 - 2008m6 to 2011m9

The business confidence survey is a part of the joint harmonized EU programme of business and consumer surveys. It surveys assessments and expectations concerning a firms' main activities. A sample of 700 firms in three different economic divisions according to NACE Rev. 2 (section F) is used. Firms that are sampled have three or more employees and are partitioned from four geographic areas.

Data is collected using CATI (Computer Assisted Telephone Interviewing) technique.