Italy: Economic sentiment declines in February
Latest reading: Economic sentiment dropped to 102.0 in February, following January’s 102.6. Consequently, the index remained above the long-term average of 100, pointing to a positive near-term outlook for the economy..
In February, sentiment worsened in the industrial sector (-6.5 vs -5.9 in January) and the services sector (+7.4 vs +8.7 in January). However, sentiment improved in the construction sector (+1.0 vs -1.7 in January), the retail sector (+11.3 vs +7.8 in January) and among consumers (-14.9 vs -15.4 in January).