• Prior 95.7. Revised to 95.4
  • Economic sentiment 86.6 vs 88.2 prior. Revised to 88.1
  • Construction confidence 75.4 vs 76.7 prior, Activity -31 vs -30 prior, Output -18 vs -15 prior
  • Retail confidence 92.5 vs 97.7 prior, Current sales -28 vs -23 prior, Outlook -4 vs +3 prior
  • Services confidence 84.9 vs 87.4 prior, Employment -16 vs -20 prior, Orders -17 vs -11 prior, Sales -11 vs -6 prior

See, wasn’t that worth the wait

Not a lot to get inspired about in the Italian economy in the headline, nor sub sectors. I should point out that the main business confidence number is focused on manufacturing.

Italian business confidence index 26 09 2014

Italian business confidence index 26 09 2014