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Press release

Business confidence

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In May 2013 the composite business confidence climate index (Iesi, Istat Economic Sentiment Indicator), obtained by summarizing the confidence climates of manufacturing, construction, market services and retail trade, increased to 79.8 from 74.9 in April.

The confidence index in manufacturing rose to 88.5 from 87.9. Assessments on order books and production expectations improved (from -45 to -44 and from -4 to -2, respectively); inventories increased.

The confidence index in construction increased to 81.8 from 78.4. Assessments on order books and construction plans and employment expectations increased (from -52 to -49 and from -17 to -13, respectively).

The market services confidence index rose to 76.5 from 68.4 in April. The index increased in all sectors: in Transportation and storage (from 57.8 to 60.3 ), in Tourism services (from 65.3 to 73.0), in Information and communication (from 68.4 to 77.4) and in Business services and other services (form 73.9 to 86.8).

The retail trade confidence index rose to 80.5 from 78.1 in April. The confidence increased both in large scale distribution (from 68.8 to 70.3) and in small and medium scale distribution (from 88.6 to 91.4).

Reference period: May 2013

Date of Issue: 29 May 2013

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