The seasonally adjusted confidence index for the Italian manufacturing sector recorded a slight increase of 0.33 percent in March this year as compared to February, rising to 88.9 points, according to Istat, Italy's national statistics office. In February, a similar increase had been witnessed as compared to January.On month-on-month basis, inventories balances and assessments on order books stood still, while production expectations showed a minor uptick for the second month in a row.?In March, the confidence index fell by 1.7 percent for intermediate goods, while it rose by 0.65 percent for consumer goods and by 2.21 percent for instrumental goods, all month on month.
Source:
http://www.steelorbis.com/steel-news/latest-news/confidence-in-italian-manufacturing-sector-up-slightly-in-march-750041.htm
