Confidence climate in the market services sector in Italy 2020

In May 2020, the confidence index in the market services sector in Italy stood at 38.8. Compared to the previous months, the confidence climate experienced a decrease. In fact, Italy's economy has been seriously impacted by the COVID-19 pandemic. As a consequence of the rising number of cases, on March 9, the Italian government announced that the country is in lockdown to prevent the spread of the virus. On May 4, Italy started easing its coronavirus lockdown.

Confidence climate in the market services sector in Italy from January to May 2020

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Source

Release date

May 2020

Region

Italy

Survey time period

January to May 2020

Supplementary notes

Seasonally adjusted indices. April data not available.
Index 2010=100

Data are elaborated as simple arithmetic averages of the seasonally adjusted balances relating to the questions considered most suitable for assessing the optimism/pessimism of the sector companies. The results are then brought back to 2010 indexes.

The source adds the following information: "The economic sectors covered by the survey, with the respective NACE rev.2 code, are the following: Supporting business operations and other services. [...]"

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