Italy - Business Confidence





Italy: Business Confidence

Mnemonic CIB.IITA
Unit Index 2010=100, SA
Adjustments Seasonally Adjusted
Monthly 10.03 %
Data Dec 2023 106.4
Nov 2023 96.7

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 12/31/2023

Italy: Business

Reference Last Previous Units Frequency
Capacity Utilization 2026 Q2 75 74.7 %, SA Quarterly
Industrial Production May 2026 94.5 94.8 Index 2021=100, SA Monthly
Change in Inventories 2026 Q1 -4,941 4,125 Mil. EUR, SA Quarterly
Business Confidence Dec 2023 106.4 96.7 Index 2010=100, SA Monthly

Release Information

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

Active:

  • Measurement: Balance of opinion (Bal. of Op.)
  • Adjustment: Seasonally adjusted (SA)
  • Native frequency: Monthly
  • Start date: As early as 2000m1

Predecessors:

  • 2010=100 - 2003m1 to 2023m12 ("_10")
  • 2005=100 - 2000m1 to 205m2 ("_05")
  • 1980=100 - 2008m6 to 2011m9 ("98")

The business confidence survey is a part of the joint harmonized EU program 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 are collected using a CATI (Computer Assisted Telephone Interviewing) technique. 

Repeated series

There are three series in common between the "business confidence" and "construction confidence" releases:

CIICNFCNCAM.IITA CIICNFCNT_10AM.IITA Construction [41 to 43]
CIICNFRTVCAM.IITA CIICNFRTVTT_10AM.IITA Retail trade incl. trade and repair of motor vehicles and motorcycles [45; 47]
CIICNFSVXTCAM.IITA CIICNFMMSVTT_10AM.IITA Market services sector [49 to 82; excl. 64; 65; 66; 75]

Further reading

At the source:

  • Jun 2011 - Initial version.
  • Apr 2015 - Rebased to 2010.
  • Nov 2024, Phillip Thorne - Discontinued 2010=100 as redundant: Properties, Further reading.