In May the confidence of construction businesses in Italy increased considerably compared to the same month last year, up from -10.8 to -4.7.
In the same time, EU countries construction businesses confidence have decreased somewhat, down from 4.5 to 2.3 on average. This is the lowest recorded level since January 2018.
Italy now has the eighth lowest confidence of construction businesses in the EU compared to the other 28 countries. Ireland has the highest confidence of construction businesses (31.8 points), while Greece ranks last (-53.6 points).
|The whole country||2019 (May)||2018 (May)||Change|
This indicator is based on businesses surveyed on trend of activity, order books, employment expectations, price expectations and factors limiting building activity.
For all surveys the difference between positive and negative answers (in percentage points of total answers) are averaged to calculate an indicator.