Italy: Business confidence strengthens in February
The National Institute of Statistics (Istat)’s composite business confidence indicator (Clima di Fiducia delle Imprese Italiane, IESE)—which covers the manufacturing, construction, market services and retail sectors—rose to 93.2 in February from 88.3 in January.
The increase was driven by a broad-based improvement in sentiment in all sectors: construction, market services, manufacturing and retail trade.