Italy September Business Confidence: Summary

Following is a summary of the September business confidence report from ISTAT in Rome:

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                              Sept.   Aug.   July   June    May  April  March
                               2011   2011   2011   2011   2011   2011   2011
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Confidence indicator           94.5   98.6   98.0  100.1  100.7  102.3  103.5
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Current assessment
    Total orders (1)            -27    -21    -25    -21    -21    -19    -18
       Domestic orders          -30    -25    -29    -26    -24    -23    -22
       Foreign orders           -22    -19    -20    -20    -17    -15    -17
       Inventories of manuf.      1      2      1      1      0      0      0
   Production                   -21    -18    -20    -18    -17    -16    -14
Outlook
   Orders Outlook                 2      7      8     13     11     14     15
   Production Outlook (1)        -1      5      7      9     10     12     14
   Selling Prices Outlook         8      8      9     12     13     16     21
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                              Sept.   Aug.   July   June    May  April  March
                               2011   2011   2011   2011   2011   2011   2011
===============================================================================
   Economy Outlook              -34    -26    -22    -17    -14    -16    -14
   Employment Outlook            -9     -7     -6     -5     -5     -5     -4
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NOTE: Confidence Indicator based at 2005=100.
      Data are seasonally adjusted. Data are represented as balances with the
      exception of the overall Confidence Indicator.
      (1) The Confidence Indicator is calculated on the balances of total
      orders, inventories and production outlook.

SOURCE: ISTAT - Istituto Nazionale di Statistica

To contact the reporter on this story: Giovanni Salzano in Rome at gsalzano@bloomberg.net

To contact the editor responsible for this story: Marco Babic at mbabic@bloomberg.net