Italy - Business Confidence

Italy: Business Confidence

Mnemonic CIB.IITA
Unit Index 2010=100, SA
Adjustments Seasonally Adjusted
Monthly 0.48 %
Data Mar 2023 103.8
Feb 2023 103.3

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 3/31/2023

Italy: Business

Reference Last Previous Units Frequency
Business Confidence Mar 2023 103.8 103.3 Index 2010=100, SA Monthly
Capacity Utilization 2023 Q1 77.8 77.9 %, SA Quarterly
Industrial Production Jan 2023 103.9 104.6 Index 2015=100, SA Monthly
Change in Inventories 2022 Q4 -10,751 2,766 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.