Italy October business confidence 88.3 vs 87.5 expected | investingLive
- Prior 87.3
- Consumer confidence 97.6 vs 97.0 expected
- Prior 96.8
The agency notes that “consumer confidence improved in all its components: the future climate
improved from 92.6 to 94.1, the personal one from 96.0 to 97.0, the
economic one from 98.8 to 99.3, and, finally, the current one from 99.9
to 100.2.”
On the business confidence side, a recover was observed in both
assessments on order books and expectations on production, while level
of inventories was judged to be decreasing.
It’s not a market-moving release and won’t change anything for the ECB, but the data is good nonetheless.