Free Trial
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
ITALY DATA
MNI (London)
ITALY DEC CONSUMER CONFIDENCE 102.5 (FCST 99.0); NOV 98.1
ITALY DEC BUSINESS CONFIDENCE ESI 107.8; NOV 106.5r
- Italian economic and consumer confidence improved in December, the latter regaining 4.6 points to beat forecasts by 3.5 points, lifting to 102.5.
- A jump in consumers assessment of the economic climate largely underpinned the increase, although improvements were recorded across subcomponents.
- Italian HICP held steady at the 37-year high of +11.8% y/y in November, yet is anticipated to begin to slow in December, which alongside easing euro-area CPI is boosting optimism.
- Only manufacturing confidence faltered further in December, weakening by 1.1 points to 101.4 due to falling new orders and gloomy outlooks.
- Overall, the sentiment data adds to the eurozone trend of improving outlooks. Yet as the cost of living remains severely elevated, this is unlikely to translate into near-term demand and growth improvements.
Source: ISTAT
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok