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CFA Society Italy - Radiocor Financial Business Survey - July

03 July 2023

Thirty-two (32) members of CFA Society Italy attended the June survey, carried out by CFA Society Italy in collaboration with Il Sole 24 Ore Radiocor between 19 and 30 June 2023. 

60% of the professionals attending the survey consider the current economic situation of our Country to be stable while about 30% have negative views on the Italian economy (data slightly improved in comparisaon with the previous survey).

In terms of expectations over the next six months, 10% of the interviewees expect an improvement in macroeconomic conditions (-10.8 points compared to the previous month), 35% of the interviewed members estimate unchanged conditions (+14.2% compared to the last survey) and 55% expect a worsening (-3.3 points from the previous month). The difference between those who are optimistic about the prospects of the Italian economy compared to the pessimists is equal to - 45, a value that represents the “CFA Society Italy - Radiocor Sentiment Index” for the month of July 2023. The figure continues to remain largely negative, although far from the absolute lows recorded last summer (August 2022).

 

For further information, please read the press release and complete report (Italian only).