FX.co ★ Italy Manufacturing Confidence Hits 14-Month High

In July 2025, Italy's manufacturing confidence index experienced an uptick to 87.8, up from June's 87.3, achieving its peak level since May 2024 and just surpassing market predictions of 87.7. This uplift was attributed to enhanced forecasts for orders, which rose to 3.2 from 1.5 in June, selling prices climbing to 6.9 from 6.2, improved employment figures advancing to 1.6 from 1.0, and increased production, which moved to 1.4 from 1.1. Nevertheless, certain areas of sentiment remained fragile, with businesses showing heightened pessimism regarding liquidity conditions, which declined to -6.8 from -5.9, and the overall economic outlook, which fell to -17.8 from -17.1. These figures highlight ongoing worries about wider financial and macroeconomic stability, despite the positive trends seen in operational indicators.