In April this year, the seasonally adjusted confidence index in the Italian manufacturing sector declined by 1.12 percent month on month to 87.6, after minimal month-on-month growth in the preceding two months, as announced by the Italian national statistics institute Istat.
On month-on-month basis, in April the balance of inventories in Italian manufacturing was stable, while assessments on order books and production expectations indicated a worsening.
In April, the index fell 0.46 percent for intermediate goods, 1.48 percent for instrumental goods and three percent for consumer goods, all month on month.
Source:
http://www.steelorbis.com/steel-news/latest-news/confidence-in-italian-manufacturing-down-in-april-from-march-755775.htm
