2025年1月，意大利工业销售额环比增长3.8%，从前一个月2.7%的下降中强劲复苏。国内市场（3.9%）和国外市场（3.6%）的销售额均有所增长。与去年同期相比，工业销售额增长了1.7%。

Industrial sales in Italy jumped 3.8% month-on-month in January 2025, recovering strongly from a 2.7% drop in the previous month. Sales increased in both the domestic market (3.9%) and the foreign market (3.6%). Compared to the same month last year, industrial sales rose 1.7%.

意大利消费者信心指数从2月份的98.8降至2025年3月的95，低于市场预期，为2023年11月以来的最低水平。经济和未来前景明显恶化，经济气候指数从100.2降至93.2，未来气候指数从96.6降至91.1。与此同时，个人和当前的气候指数下降幅度较小，分别从98.3降至95.7和从100.5降至97.9。

The Italian consumer confidence index fell to 95 in March 2025, down from 98.8 in February and below market expectations, marking its lowest level since November 2023. A sharp deterioration in both the economic and future outlook was evident, with the economic climate index dropping from 100.2 to 93.2 and the future climate index falling from 96.6 to 91.1. Meanwhile, the personal and current climate indices registered a more moderate decline, slipping from 98.3 to 95.7 and from 100.5 to 97.9, respectively.

意大利制造业信心指数从上个月修订后的86.9降至2025年3月的86，低于市场预测的87.5。下降的原因是对当前订单水平（-23.3比2月份的-20.8）和生产活动（-21.8比-20.9）的评估恶化。成品库存也继续增加（3比2.5）。此外，对整体经济形势的预期减弱（-18比-15.8）。与此同时，生产前景略为乐观（-0.8比-1），就业前景转为乐观（1.8比-1.2）。

The manufacturing confidence index in Italy fell to 86 in March 2025 from a revised 86.9 in the previous month, below market forecasts of 87.5. The decline was due to worsening assessments of current order levels (-23.3 vs -20.8 in February) and production activity (-21.8 vs -20.9). Stocks of finished goods also continued to accumulate (3 vs 2.5). Additionally, expectations for the general economic situation weakened (-18 vs -15.8). Meanwhile, the production outlook was slightly less negative (-0.8 vs -1), and employment prospects turned positive (1.8 vs -1.2).

富时MIB指数在周五早盘下跌至39007点左右，前一交易日略有上涨，反映出欧洲各地持续的谨慎情绪。市场为下周美国加征关税做好了准备，这加剧了人们对更广泛的贸易争端和全球经济前景的担忧。在国内，意大利消费者信心降至2023年11月以来的最低水平，而企业士气也略有下降。在股票中，金融股领跌，Bper Banca（-2.5%）、UniCredit（-1.3%）、Intesa Sanpaolo（-1.2%）、Banco BPM（-1.4%）和FinecoBank（-1.3%。本周，该指数有望小幅下跌。

The FTSE MIB declined to around 39,007 in early trading on Friday, after slightly gaining in the previous session, reflecting continued cautious sentiment across Europe. Markets braced for additional US tariffs next week, heightening concerns over broader trade disputes and the global economic outlook. Domestically, Italian consumer confidence fell to its lowest level since November 2023, while business morale also weakened slightly. Among stocks, financials led the losses, with Bper Banca (-2.5%), UniCredit (-1.3%), Intesa Sanpaolo (-1.2%), Banco BPM (-1.4%), and FinecoBank (-1.3%) posting sharp declines. For the week, the index is on track for modest losses.