Italy: Economic sentiment rises into optimistic territory in January
Latest reading: Economic sentiment came in at 100.2 in January, up from December’s 98.4. January’s result marked the best reading since May 2024. As a result, the index remained above the long-term average of 100, pointing to a positive near-term outlook for the economy.
The headline print reflected stronger sentiment in the industrial sector and among consumers. Meanwhile, confidence in the services, construction and retail trade sectors waned in January.
Considering indicators that are not used to calculate the index, employment expectations deteriorated, while the economic uncertainty index rose in January.