Itália Confiança do Empresário

Italy’s manufacturing confidence index climbed to 89.6 in November 2025 from an upwardly revised 88.4 in October, surpassing market forecasts of 88.5. This marked the highest reading since June 2023, as expectations for orders (4.3 vs 3.3 in October) and production (3.5 vs 2.2) improved. Manufacturers were also less pessimistic about the economic outlook (-11.2 vs -12.2). However, expectations for liquidity conditions deteriorated (-5.7 vs -5.2). Additionally, employment prospects were less positive (0.5 vs 1.3), while concerns over price developments increased (6.8 vs 6.3).